NOT FOR REPRINT
Banks Lay Groundwork for Mass Workforce Cuts as AI Takes Hold
By
Meg Short
June 11, 2026 at 04:32 PM
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What You Need To Know
- Most executives are in agreement: Jobs will be cut as AI is implemented.
- Students, who for years gravitated to finance for its stability and high-paying nature, are now finding less entry-level roles available to them.
- There’s also doubts over whether many of the job cut announcements so far have truly been related to AI.
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