American Express layoffs: Thousands of roles slashed in AI push as job losses in financial services pile up
It hasn’t been a good week for workers in the banking and financial sector. Yesterday, UK banking giant Barclays announced it was laying off 5% of its workforce, or nearly 5,000 workers, as it transitions more of the bank’s operations to artificial intelligence systems. Across the Atlantic this…
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American Express layoffs: Thousands of roles slashed in AI push as job losses in financial services pile up Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Biztoc https://a2zai.ai/bytes/american-expre...
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