Goldman Sachs to Cut 8% of Workforce Starting in January 2023, 4,000 of 49,000 Employees
Goldman Sachs, United States Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion. 
Goldman Sachs to Cut 8% of Workforce Starting in January 2023, 4,000 of 49,000 Employees 17th December 2022 | Hong Kong
Goldman Sachs, one of the world’s largest financial institution with 49,000 employees worldwide, is preparing to cut 8% of its workforce starting in January 2023, impacting around 4,000 of Goldman Sachs 49,000 employees. Earlier in October 2022, Goldman Sachs announced the regroup into 3 business units – Asset Management & Wealth Management (includes private banking) with $2.4 trillion AUM (Assets under Management) led by Marc Nachmann (Goldman Sachs Global co-head of Global markets), the 2nd unit is Investment Banking & Trading, and the 3rd unit is Transaction Banking & Fintech Portfolio. Earlier in September 2022, Goldman Sachs had planned to reduce 1% to 5% of its workforce, with several hundred jobs expected to be cut in the 2 months (September, October 2022). More info below.
” Goldman Sachs to Cut 8% of Workforce Starting in January 2023, 4,000 of 49,000 Employees “
Ads & Announcements
Goldman Sachs Regroup into 3 Units: Asset & Wealth Management with $2.4 Trillion AUM Led by Marc Nachmann, Investment Banking & Trading and Transaction Banking & Fintech Portfolio Goldman Sachs, United States 20th October 2022 – Goldman Sachs is regrouping into 3 business units – Asset Management & Wealth Management (includes private banking) with $2.4 trillion AUM (Assets under Management) led by Marc Nachmann (Goldman Sachs Global co-head of Global markets), the 2nd unit is Investment Banking & Trading, and the 3rd unit is Transaction Banking & Fintech Portfolio. Earlier in September 2022, Goldman Sachs had planned to reduce 1% to 5% of its workforce, with several hundred jobs expected to be cut in the 2 months (September, October 2022). Goldman Sachs is one of the world’s strongest financial institutions, across multiple businesses worldwide, including investment banking, trading, asset & wealth management. David Solomon Goldman Sachs Chairman & Chief Executive Officer at 2022 Q2 Earnings: “We delivered solid results in the second quarter as clients turned to us for our expertise and execution in these challenging markets. Despite increased volatility and uncertainty, I remain confident in our ability to navigate the environment, dynamically manage our resources and drive long-term, accretive returns for shareholders.”
Goldman Sachs is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
2021 Data Release 2020 List of Private Banks in Hong Kong2020 List of Private Banks in Singapore 2020 Top 10 Largest Family Office2020 Top 10 Largest Multi-Family Offices2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM Register Below Latest 2022 data & reports, insights & news Every Saturday & Sunday 2 pm Direct to your inbox Save 2 to 8 hours per week. Organised for success For Investors | Professionals | Executives New to Caproasia? Join 10,000 + Learn More | Sign Up Today Caproasia.com | Caproasia Access 2022 Events | TFC - Find Services Grow Business | Contact Us For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors Get Ahead in 60 Seconds. Join 10,000 + Save 2 to 8 hours weekly. Organised for Success. Subscribe / Sign Up / Contact Us Contact Us:
EnquiryMembershipSubscriptionList ServicesAdvertiseMedia KitSponsorshipEventsResearchDataOthers
Interests / Events / Summits / Roundtables / Networking:
Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights
Your Name*
Company*
Job Title*
Email 1 (Work / Personal)*
Email 2 (Work / Personal)
Contact No.
Country
Your Message (leave blank if none)
Owl Media Group takes pride in providing social-first platforms which equally benefit and facilitate engagement between businesses and consumers and creating much-needed balance to make conducting business, easier, safer, faster and better. The vision behind every platform in the Owl Media suite is to make lives better and foster a healthy environment in which parties can conduct business efficiently. Facilitating free and fair business relationships is crucial for any thriving economy and Owl Media bridges the gap and open doors for transparent and successful transacting. No advertising funds influence the functionality of our media platforms because we value authenticity and never compromise on quality no matter how lucrative the offers from advertisers may seem.