HSBC Layoffs : AI-led layoffs may be coming to HSBC, as CEO Georges Elhedery reportedly bets on AI to shrink the company’s … |
HSBC is reportedly planning to cut thousands of jobs due to AI. According to a report by Bloomberg, the change – likely to span over the next three to five years – could affect about 10% or nearly 20,000 of its workforce. “HSBC Holdings Plc is weighing deep job cuts over the coming years as…