Chief information and technology officers indicated that on average they expect a net 3% of their workforce to be cut, the survey showed.

Global banks are poised to cut up to 200,000 jobs over the next three to five years as artificial intelligence (AI) ...

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks ...

JPMorgan’s insistence that all employees work from their desks five days a weeks could have a trickle-down effect that forces other major corporation to follow suit. Will yours be next to abandon ...

Jamie Dimon instructed all of JPMorgan's managing directors to return to the office five days a week, regardless of whether ...

With artifical intelligence taking over most jobs across the sectors, at least two lakh people are likely to lose their jobs ...

Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector.

Despite industry-wide improvement in operating performance, many senior living providers are still finding it difficult to ...

Despite the anticipated job cuts, AI is projected to boost the financial performance of banks. According to Bloomberg ...

While AI’s rise sets the stage for disruption for workers, banks could see significant financial gains. Many believe ...

JPMorgan Chase, the largest bank in the U.S., reportedly plans to end remote work and require more than 300,000 employees to ...