August 19, 2018

Robots could help Australia’s banks cut 40,000 jobs over the next decade

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By PAUL COLGAN From Business Insider Reducing staff costs will be a central feature of Australian banks’ profit maintenance strategies over the coming years, according to analysts at Macquarie Private Wealth. They estimate digitisation and automation could help each of the four major banks cut up to 10,000 staff over the next five to 10 […]