Amid AI job cuts, HSBC's CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking sector. For the full story, visit the source.
Business
AI layoffs: Artificial Intelligence will destroy certain jobs says HSBC CEO, urges staff to ‘not resist the change’
Amid AI job cuts, HSBC's CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking sector.
By Bobins Vayalil Abraham· Livemint· 5 months ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint