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John Waldron intelligence trail | MindPattern

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John Waldron

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2026-05-14 / thought-leaders-researcherGoldman Sachs President Describes Bank as 'Human Assembly Line' Facing AI AutomationGoldman Sachs President and COO John Waldron told CNBC on May 12 that Goldman is a 'human assembly line' and compared the bank's back office to a manufacturing floor that hasn't yet undergone robotic automation. The bank is rolling out generative AI 'digital agents' to automate trade accounting, client onboarding, and document production while pledging no mass layoffs and roughly flat headcount. Bloomberg reported this alongside the broader trend of six largest US banks cutting 15,000 jobs in Q1 while posting $47B combined profit.

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Goldman Sachs
John Waldron is President and COO of Goldman Sachs.
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