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Microsoft AI boss says more bank jobs will go as Barclays axes 5,000 roles
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City AM
Microsoft AI boss says more bank jobs will go as Barclays axes 5,000 roles
AI will eliminate some jobs in Britain’s banking sector, a senior Microsoft executive has told City AM, as Barclays became the latest major lender to announce thousands of cuts linked to the technology. Bill Borden, Microsoft’s global head of financial services, told City AM that AI would replace much of the routine work traditionally carried [...]
22 Oct, 11:41
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