Archive · 26 Dec 2025
Goldman Sachs Analyzes AI's Impact on Layoffs
Goldman Sachs looked at how companies in the S&P 500 are talking about AI and layoffs.
They found that while AI isn't causing many layoffs yet, companies that talk about AI a lot have been posting fewer job openings.
However, they couldn't find a clear connection between AI and big changes in the job market overall.
This means we still don't know exactly how AI will affect jobs in the future.
Goldman Sachs analyzed third-quarter earnings discussions across nearly the entire S&P 500.
AI's role in current layoffs remains limited at an economy-wide level.
Companies frequently discussing AI have significantly reduced job postings recently.
No clear link has been established between AI exposure and broader labor market outcomes.
The study highlights the uncertainty surrounding AI's future impact on the job market.
- Who
- Goldman Sachs, led by senior economist Ronnie Walker
- What
- Analyzed the impact of AI on layoffs and job postings
- When
- During third-quarter earnings discussions
- Where
- Across nearly the entire S&P 500
- Why
- To understand AI's role in current layoffs and its potential future impact
- Organization
- Goldman Sachs
- Economist
- Ronnie Walker
- Scope
- S&P 500 companies
- Time Period
- Third-quarter earnings discussions
- Key Finding
- No clear link between AI exposure and broader labor market outcomes