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Goldman Sachs Prepares To Further Diversify Its Workforce – $GS $DIA

By John F. Heerdink, Jr.

Reportedly, the Goldman Sachs Group, Inc. (GS) has increased its diversity recruiting team and increased its budget by $10 million to meet its goals to add more Blacks, women, and Latinos to its workforce. The bank has included roughly 25 new recruiters focused on hiring diverse employees since the beginning of the year, increasing the team up to 50 people. The bank wants to have 7% of its employees with the title vice president to be Black and 9% to be Latino in the Americas, while it plans to have women accounting for 40% globally by 2025.

Wall Street banks are looking to bring more diversity to their ranks, which currently is comprised of white majorly.

“It made a lot of sense to expand the team to include people who could reach a more experienced professional audience in terms of years of tenure and have more in depth conversations with them about career paths to the firm,” stated Chief Diversity Officer Megan Hogan.


The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. (GS), Coverage Page

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(Read Original Story: Goldman Sachs boosts recruiting team in push to meet diversity goals in Reuters)


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