Goldman Sachs(US:GS) Xin Lang Cai Jing·2025-10-14 05:35Group 1 - Goldman Sachs has experienced a higher-than-usual number of senior investment bankers leaving the firm this year, with over ten departures reported [2] - The departures are attributed to internal restructuring and a slowdown in transactions expected in the first half of 2025, prompting some executives to seek new opportunities [2] - Some senior bankers are leaving due to expectations of being skipped for promotions, including partnership, while others anticipate reduced bonuses [2] Group 2 - Goldman Sachs has made significant personnel changes, establishing co-heads in several key departments and adding six new members to its management committee, along with the creation of a new financing division [2] - The firm has also moved its annual layoffs to the second quarter, which typically occur in September, with a usual layoff rate of 3% to 5% based on performance [2] - As a result of these changes, the total number of employees decreased by 2% in the second quarter, bringing the total to approximately 45,900 [2]