c/europe · by schizoidman@lemmy.zip · 236dEuropean banks plan to cut 200,000 jobs as AI takes hold https://techcrunch.com/2026/01/01/european-banks-plan-to-cut-200000-jobs-as-ai-takes-hold/35 points · 7 comments · view on lemmy.world
7 Comments
einkorn@feddit.org · 19 pts · 235d
Nothing bad has ever happened when culling these two. /s
ironblossom@feddit.org · 5 pts · 235d
Those jobs will probably come back in other forms once shit hits the fan…
einkorn@feddit.org · 4 pts · 235d
Probably yes, but they will be for counting the government bailouts the banks will receive in that case.
msage@programming.dev · 3 pts · 235d
The shit that will hit the fan will be so large, that many people might not survive it.
The AI bubble is bad enough on its own, but these ripple effects are making it global and cataclysmic.
Amberskin@europe.pub · 6 pts · 235d
Morgan Stanley predicts X. At the same time, Morgan Stanley sells their ‘services’ to achieve X.
Nothing to see here.
pix_wbmr@feddit.org · 3 pts · 234d
Time to change my bank
What am I even paying them for anymore?
HK65@sopuli.xyz · 1 pts · 233d
I'd just like to mention that the sources appear to be all American investment banks presumably balls deep into both AI and class warfare.