Goldman Sachs to employees: Expect more rounds of job cuts, ‘it’s become clear that…’

Goldman Sachs is preparing for another round of job cuts before year-end, aiming to achieve further savings and leverage efficiencies from artificial intelligence. Despite this, the bank anticipates an overall increase in headcount by the end of the year. The new "OneGS 3.0" strategy emphasizes AI's role in enhancing operational efficiency across various functions.

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