HSBC plans deep UK wealth job cuts as it leans on AI, FT reports
HSBC may cut about half of management and specialist roles in UK wealth and up to around 70% of its financial advisers as it pushes AI into the business, the FT says.
Tag: AI jobs
15 articles tagged AI jobs
AI is splitting the UK jobs market by experience level
Indeed figures show senior and AI-linked software roles growing while manufacturing postings sit 58% below 2022, leaving new entrants squeezed.
OpenAI triples Dublin headcount as Europe consolidates in Ireland
The company will grow its European headquarters to 350 staff and lease 88,000 sq ft in Silicon Docks, hiring 250 people over the next two years.
Sunak urges UK to scrap National Insurance as AI hits young jobs
Former PM Rishi Sunak tells BBC that AI is flattening the UK youth jobs market and proposes abolishing National Insurance over time to keep hiring attractive.
Which jobs are most threatened by AI? New research maps the risks
GovAI and Brookings study finds 6.1 million clerical workers are both highly exposed to AI and least able to adapt. Women hold 86% of the most vulnerable roles.
Bernie Sanders Warns Congress 'Not a Clue' About AI Revolution
Senator Bernie Sanders calls for a moratorium on AI data centre expansion, warning that Congress and the public are unprepared for the 'tsunami' of AI disruption.
IBM to Triple Entry-Level Hiring Rather Than Replace Workers With AI
IBM plans to triple its US entry-level hiring in 2026, rewriting junior roles to focus on tasks AI cannot handle such as customer engagement and output verification.
Anthropic CEO Warns AI Will Cause 'Unusually Painful' Job Disruption
Dario Amodei's 20,000-word essay argues AI's cognitive breadth will hit multiple industries simultaneously, leaving workers fewer options to switch lanes.
