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HSBC’s CFO just said the bank would turn to AI to cut costs. Now the bank is reported to consider 20,000 job cuts. - Tayedi Search engine

HSBC’s CFO just said the bank would turn to AI to cut costs. Now the bank is reported to consider 20,000 job cuts.

1 hour ago 2

The bank is considering to get rid of roughly 10% of its total workforce, as the bank is focused on “staff-related inflation.”

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HSBC’s CFO just said the bank would turn to AI to cut costs. Now the bank is reported to consider 20,000 job cuts.

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