DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-95,354

GOLDMAN SACHS & CO. LLC
ENGINEERING DIVISION
A SUBSIDIARY OF THE GOLDMAN SACHS GROUP, INC.
NEW YORK, NEW YORK

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on November 6, 2019, by a state workforce office on
behalf of workers of Goldman Sachs & Co. LLC, Engineering
division, a subsidiary of The Goldman Sachs Group, Inc., New
York, New York (Goldman Sachs Engineering). The workers' firm
is engaged in activities related to the supply of design,
development, and management of technology infrastructure,
services, and tools. The Goldman Sachs Group, Inc., the parent
company of the subject firm, is a global investment banking,
securities and investment management firm that provides
financial services to corporations, financial institutions,
governments and individuals.
During the course of the investigation, information was
collected from the petitioner and the workers' firm.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has partially shifted to a foreign country the supply of a
service like or directly competitive with the service supplied
by the workers, which contributed importantly to worker group
separations at Goldman Sachs Engineering.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Goldman Sachs & Co.
LLC, Engineering division, a subsidiary of The Goldman Sachs
Group, Inc., New York, New York, who are engaged in activities
related to the supply of design, development, and management of
technology infrastructure, services, and tools, meet the worker
group certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of Goldman Sachs & Co. LLC, Engineering
division, a subsidiary of The Goldman Sachs Group, Inc.,
New York, New York, who became totally or partially
separated from employment on or after November 5, 2018,
through two years from the date of certification, and all
workers in the group threatened with total or partial
separation from employment on the date of certification
through two years from the date of certification, are
eligible to apply for adjustment assistance under Chapter 2
of Title II of the Trade Act of 1974, as amended."
Signed in Washington, D.C. this 6th day of September 2020.

/s/Hope D. Kinglock
______________________________
HOPE D. KINGLOCK
Certifying Officer, Office of
Trade Adjustment Assistance