European banks plan to cut 200,000 jobs as AI takes hold | TechCrunch
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The bloodletting will hit hardest in back-office operations, risk management, and compliance.
  • ZDL@lazysoci.al
    19·
    3 months ago

    So much for the theory that European moneyed classes are smarter than American moneyed classes.

    • Tartas1995@discuss.tchncs.de
      9·
      3 months ago

      Well it is an “analysis” and not a stated plan by European banks, as far as I know.

      And it is about ai AND closing down physical branch… what a convenient things to group together…

      So… I think this is ai propaganda. While I don’t think European banks are smarter than Americans…