Goldman Sachs Remains Eager to Hire in Crypto Despite Staff Cuts
Despite recent reports of a massive 3,200 staff cut in January 2025 as part of a cost-cutting exercise, Goldman Sachs is signaling a continued commitment to its digital asset division. According to recent reports, Goldman Sachs is still open to crypto hires amid these reductions. This signifies the bank's long-term belief in the potential of blockchain technology and cryptocurrency applications.
Mathew McDermott, global head of digital assets for Goldman Sachs, said the bank remains “hugely supportive” of exploring blockchain applications. Investment bank Goldman Sachs has announced it is open to hiring in its digital asset division to support employment in blockchain applications. Mathew McDermott, director global de activos digitales de Goldman Sachs, afirmó que el banco sigue apoyando enormemente la exploración de aplicaciones de. Despite a massive staff cut that has seen 3,200 employees laid off, Goldman Sachs says that it is still willing to hire new people for its crypto and blockchain team.
Goldman Sachs’ crypto unit was looking to hire more members. The team now has 70 members, despite the fact that it began with only four. Goldman Sachs’ digital asset section aims to expand its team of 70. This commitment comes even though crypto prices...
In short, while Goldman Sachs is undergoing cost reductions, their dedication to the crypto space remains unwavering. The bank’s digital asset lead Mathew McDermott said the bank... (continues) signals a positive outlook for blockchain and cryptocurrency job opportunities within the institution.