Banks lay groundwork for mass workforce cuts as AI takes hold - Fortune

As reported by Fortune

Banks are cutting junior analyst classes by as much as two-thirds while sourcing roughly 62% of their AI talent from those same cohorts.

▸ MARKET SAMACHAR VIEW

NEUTRAL

Read full article on Fortune ↗

Market Samachar is a news aggregator. This article was originally published by Fortune. Tap the button above to read the full story on their site.

COMPANIES Kospi surges 5% after 15% rout in 3 sessions. What’s fuelling 2026’s top market? Stocks-Markets-Economic Times
INDIAN Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed? Markets-Economic Times
INDIAN Gold extends falls on rising Treasury yields Markets-Economic Times
INDIAN Dollar hovers around two-month high as Iran-Israel truce hangs in balance Markets-Economic Times
INDIAN JGB yields rise as investors focus on 30-year auction, BOJ meeting Markets-Economic Times
GLOBAL US adds BYD to list of firms with alleged Chinese military ties BBC News
INDIAN World Cup Season Spurs Citi’s Bearish Call on Rates Volatility mint - markets
INDIAN Stocks to watch: Adani Enterprises, Bharti Airtel, RVNL, Vodafone Idea, among key stocks in focus on 9 June mint - markets

Banks lay groundwork for mass workforce cuts as AI takes hold - Fortune

More from Market Samachar