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The May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much as 20% of total banking employment could be eliminated by 2030 as lenders push […]
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<p>As more companies quickly begin using gen AI, it’s important to avoid a big mistake that could impact its effectiveness: Proper onboarding. Companies spend time and money training new human [...]