Starling Bank Cuts 130 Jobs Amid AI Adoption and Restructuring
AI Summary
Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial Times reported Friday (July 3). The company said in the report that it completed some major projects and began using artificial intelligence across more of its operations. The Guardian also reported on the planned job cuts, saying that they will amount to about 3% of Starling Bank’s workforce of more than 4,000 people.
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