Goldman Sachs CEO David Solomon: The bank hasn't made enough progress in hiring women
Briefly

Goldman Sachs CEO David Solomon: The bank hasn't made enough progress in hiring women
"We've made a bunch of progress, especially in the senior ranks, but candidly not enough, and we continue to be focused on creating opportunities,"
"a long, long road"
"progress has been slow"
Goldman Sachs has improved gender diversity, particularly in senior ranks, but acknowledges progress remains insufficient. The firm implemented measures after scrutiny over limited female leadership and issued an internal 12-point memo urging better communication and commitment to elevating and retaining women. Recent promotions included a record 31% women among 608 managing directors and 26 women promoted to partner last year. Women account for about 41% of the total workforce, though the exact figure was uncertain. A forthcoming managing director class in early November could further alter leadership demographics.
Read at Business Insider
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