Goldman Sachs is seeking an associate to oversee private jet travel for top executives, primarily due to CEO David Solomon's and COO's personal travel needs. The position, which offers a salary ranging from $100,000 to $160,000, represents a shift from previous roles requiring higher pay. Amid broader cost-cutting measures, including potential staff reductions under Project Voyage, the bank is also reevaluating its ownership of private aircraft, having previously purchased two jets for better cost efficiency over booking services.
The posting comes as Goldman Sachs moves up its annual headcount-cutting ritual and considers potential reductions within its vice president ranks as part of Project Voyage.
In 2019, Goldman purchased two private aircraft, believing that ownership would be more cost-effective than using services like NetJets to book private flights.
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