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COGNICURRENT

Dec 31 β€’ 10:30 UTC • πŸ‡­πŸ‡· Croatia • Index.hr

The banking sector faces 200,000 layoffs. "They are pressured to reduce costs"

Analysts predict that the European banking sector could lose over 200,000 jobs in the next five years due to the increasing adoption of artificial intelligence and the closure of branches, as banks aim to cut costs and shift more operations online.

#banking #jobs #artificial intelligence #cost-cutting #europe
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