Thread regarding New York layoffs

Goldman Sachs Rolls Out AI, Foresees No Job Reductions

Goldman Sachs is deploying generative AI to automate back-office tasks. President John Waldron stated this initiative will not cause mass layoffs. He expects the company's overall headcount to remain stable. Goldman Sachs Research estimates AI could expose 300 million jobs globally. Analysts remain skeptical, noting potential impacts on entry-level roles.

Manhattan, New York

https://hoodline.com/2026/05/goldman-boss-pushes-ai-factory-floor-swears-manhattan-jobs-won-t-vanish/


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