Overview
- Goldman will skip its spring Strategic Resource Assessment in 2026 and run several smaller reductions beginning in April and continuing through the summer.
- The cuts are expected across major businesses, with totals likely well below last March’s target of up to 5% of staff.
- Business-line leaders will control when actions occur instead of waiting for a single firmwide review.
- The firm characterized the plan as routine head count management, and specific targets and names have not been finalized.
- Sources said the steps are not tied to the One Goldman Sachs strategy, and they come as companies such as Citi, Amazon, Atlassian, and Block announce workforce reductions.