Goldman Sachs

Goldman Sachs OneGS 3.0: AI-Driven Overhaul Brings Job Cuts and Operational Transformation

Goldman Sachs is implementing a major AI-driven overhaul called OneGS 3.0 that will rewire operations for greater efficiency. The transformation includes limited job reductions and headcount constraints while positioning the firm for future growth through artificial intelligence integration.

In a significant strategic shift, Goldman Sachs has unveiled its OneGS 3.0 initiative, a comprehensive AI-driven overhaul that represents the next evolution of the firm’s operational framework. The announcement, detailed in an internal memo obtained by Business Insider, outlines both immediate workforce adjustments and long-term transformation goals as the banking giant positions itself to harness the power of artificial intelligence technologies.

OneGS 3.0: The Next Phase of Goldman Sachs’ Evolution

by Megan CarterOctober 14, 2025

Business Personal Finance

Goldman Sachs CFO Confirms No Direct Exposure to Recent Financial Blowups

Goldman Sachs Group Inc. Chief Financial Officer Denis Coleman confirmed the firm has no direct exposure to recent financial blowups. The CFO emphasized the company’s commitment to maintaining lending standards amid market volatility. CEO David Solomon reinforced the message, highlighting the firm’s strong underwriting practices.

Goldman Sachs Group Inc. has confirmed it maintains no direct exposure to recent financial market blowups, according to Chief Financial Officer Denis Coleman. The assurance came during the firm’s quarterly earnings call where executives addressed concerns about recent corporate collapses while emphasizing the strength of their underwriting standards and risk management protocols.