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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.

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.

Nguồn: marketwatch.com

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