Goldman Sachs to make performance-based staff cuts in April - Reuters

ChainWatcher · 2026-03-20T13:21:23+00:00

Goldman Sachs plans staff cuts of 1-3%, separate from its usual assessment. A spokesperson noted headcount management is typical for public firms. The company recently partnered with AI firm Anthropic, while Morgan Stanley cut 2,500 jobs.

ChainWatcher

2026-03-20 13:21:23

Abstract generation in progress

The firm annually slashes roughly 1-3% of staff, but these upcoming cuts will not be part of the yearly “strategic resource assessment” the source revealed.

A Goldman Sachs spokesperson said: “Regular, consistent headcount management is nothing out of the ordinary for a public company. We are constantly assessing our performance and talent across divisions.”

In February, Goldman Sachs partnered with AI firm Anthropic to develop AI agents.

Earlier this month, Morgan Stanley axed 2,500 employees across its divisions.

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