Job Cuts Driven By AI Are Rising On Wall Street…

Job Cuts Driven By AI Are Rising On Wall Street - Slashdot

Firms like Bank of America, Citi, Wells Fargo, and others are reporting strong profits while reducing head count and automating more work. "All of them credited A.I. to some degree ... in areas ranging from the so-called back office, where tens of thousands of employees fill out paperwork to comply ...