Goldman Sachs signals job cuts and hiring slowdown amid AI push

Goldman Sachs has reportedly informed its employees of potential job cuts and a hiring slowdown through the end of the year, according to an internal memo cited by Reuters.The Wall Street giant is preparing to leverage artificial intelligence (AI) to significantly boost internal productivity.The internal memorandum, signed by CEO David Solomon, President John Waldron, and CFO Denis Coleman, outlines the firm's strategic AI push, dubbed "OneGS 3.0". Also Read | JPMorgan stock in focus after Q3 results beat e ...