WorkforceStrategy

Goldman Sachs Accelerates Layoff Timeline, Targeting 3% to 5% of Workforce

2 months ago

In a significant operational shift, Goldman Sachs has expedited its annual job cuts, now aiming to eliminate 3% to 5% of its workforce in a move that reflects ongoing challenges within the financial services industry. This decision comes as a direct response to shifting market dynamics and a necessity for the firm to maintain profitability.

Trump's Buyout Initiative for Federal Workers Faces Potential Pitfalls

3 months ago

In an ambitious move aimed at reshaping the federal workforce, former President Donald Trump has proposed a buyout plan that would affect thousands of federal employees. This initiative seeks to incentivize voluntary resignations, enabling the government to reduce its overall headcount and streamline operations. However, as details emerge, experts are voicing concerns about the effectiveness of this plan.