U.S. commercial banks and savings banks have reduced employment by nearly 81,000 since the first quarter of 2023, including a ...

The idea of artificial intelligence tends to strike fear in the hearts of workers who suspect they’ll be replaced by robots. The reality is more nuanced. There is no question some jobs will be lost.

(Bloomberg) -- Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance ...