Source: International Business Times
HSBC AI job cuts could affect 20,000 roles or 10% of its workforce (For illustration purposes only) HSBC is considering job cuts that could impact around 20,000 roles or roughly 10 per cent of its global workforce as it ramps up an AI efficiency drive, according to reports. The potential reductions, which would focus on non-client facing roles in global service centres, come amid a multiyear overhaul led by chief executive Georges Elhedery. The assessment is at an early stage, with no decisions yet finalised, sources told the news agency on Thursday.
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