HSBC could cut 20,000 jobs as bank looks to AI to reduce costs

3 days ago 2

HSBC chief Executive Georges Elhedery is understood to be betting on artificial intelligence to cut headcount numbers in middle and back offices, Bloomberg reported.

Source: https://www.dailymail.co.uk/money/markets/article-15660535/HSBC-cut-20-000-jobs-bank-looks-AI-reduce-costs.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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