AI Impact on Banking Sector: Over 200,000 Jobs at Risk in Europe by 2030, Report Warns
Artificial Intelligence (AI) could lead to the loss of more than 200,000 jobs in European banks by 2030, according to a new report. A recent analysis by Morgan Stanley suggests that major European lenders, including 35 large banks, may cut nearly 10 percent of their total workforce over the next five years due to increased…
