Back to today’s briefing

Story perspectives

Goldman Sachs Announces Staff Cuts Amid Strong Revenue

3/20/2026

26 3 Full Breakdown

Summary

Story summary

Goldman Sachs begins staff reductions next month, shifting from the spring Strategic Resource Assessment to rolling layoffs.
The first round will occur in April and continue through summer.
The cuts will affect all business lines and are expected to be smaller than last year's target of up to 2,300 jobs.
Goldman Sachs reported revenue of over $58 billion for 2025, despite job cuts announced by Citi and Amazon.

1 of 1

Story summary

Goldman Sachs begins staff reductions next month, shifting from the spring Strategic Resource Assessment to rolling layoffs.
The first round will occur in April and continue through summer.
The cuts will affect all business lines and are expected to be smaller than last year's target of up to 2,300 jobs.
Goldman Sachs reported revenue of over $58 billion for 2025, despite job cuts announced by Citi and Amazon.