Goldman Sachs
GSGoldman's Bank Looks Like a Technology Sponsor
Goldman Sachs should not disappear into a generic finance bucket. This profile follows the bank, services, and employer-name variants that appear in the filings: Goldman Sachs & Co., Goldman Sachs Services, Goldman Sachs Bank, and related Goldman employer-name variants.
Across FY2020 through FY2025, those rows add up to 15,643 Labor Condition Applications. Including the FY2026 partial-year rows, the total reaches 15,748. FY2025 alone accounts for 2,375 LCA filings.
The USCIS series shown here totals 4,479 approvals across the available approval rows. Where FY2025 rows are initial approvals only, the page labels them that way. LCA filings are not headcount, hired workers, or proof that a specific American worker was replaced.
32 total denials across all years (0.2% of filings) - too small to display on this chart.
The Services Arm Is Part of the Bank Story
Goldman Sachs & Co. LLC leads the count, but Goldman Sachs Services and Goldman Sachs Bank rows show how much of the modern bank is a technology and operations employer.
The peak year in the full-year series is FY2021, with 4,138 filings. FY2026 currently shows 105 rows and should be read as a partial-year value, not as a final decline.
This site no longer charts H-1B filings as a share of workforce. The ratio can blur U.S. employees, global employees, contractors, and offshore delivery headcount into one denominator.
Rows with a disclosed U.S.-employee denominator available here: 0. The analysis now uses filings, approvals, wage, worksite, and title concentration instead.
Finance Cuts Meet a Standing Tech Channel
Reuters reporting covered Goldman Sachs performance-based staff cuts. The controversy is the coexistence of recurring finance-sector cuts with a sustained technical visa channel.
Goldman's performance-cut reporting is not a mass-layoff claim. It is context for a bank that keeps a steady technical visa channel open.
Performance-based cuts are not mass layoffs and should not be described as visa-driven.
Finance Work Now Looks Like Software Work
The leading occupation is Software Developers, Applications; the leading title is Analyst. The labor-market story is software, platforms, and quantitative infrastructure inside a bank.
For FY2025, the average H-1B wage in the filtered salary extract is $132,699, compared with an average prevailing-wage benchmark of $105,165. That is a $27,534 spread over the legal wage floor.
New York Leads, but Dallas and Salt Lake Matter
New York, Ny leads with 6,602 rows, while the next clusters show the bank's operations and engineering geography.
Goldman's Sponsorship Layer Keeps Talent Attached
Goldman Sachs shows 1,585 PERM labor-certification cases from FY2020 through FY2025, including 592 in FY2025.
PERM records are a different process from H-1B petitions, but they matter because the sponsorship timeline can tie a worker to an employer for years.
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| Title | Count |
|---|---|
| Analyst | 4,204 |
| Vice President | 3,734 |
| Associate | 3,613 |
| Vice President, Software Engineering | 550 |
| Associate, Software Engineering | 430 |
| Analyst, Software Engineering | 168 |
| Extended Managing Director | 148 |
| Vice President, Quantitative Engineering | 132 |
| Associate, Quantitative Engineering | 116 |
| Senior Analyst | 114 |
- LCA filings and salary data: DOL OFLC disclosure rows mapped by the employer-name boundary used for this investigation.
- H-1B approvals: USCIS H-1B Employer Data Hub CSV rows for FY2020-FY2023, plus FY2025 hub initial approvals where available.
- PERM data: DOL OFLC PERM disclosure rows mapped with the same employer-name boundary.
- Reuters, Mar. 2026, Goldman performance-based cuts context.
- BLS wage comparison: OEWS May 2023 national median for software developers.
Caveat: LCA filings are not H-1B petitions or hired workers. FY2025 USCIS hub rows are initial approvals only, so denial rates are not computed for those rows.