U.S. banks could shed 200,000 jobs in decade in efficiency drive

U.S. banks could cut as many as 200,000 jobs in the next decade as they try to boost efficiency to compete with fintech and other upstarts encroaching on their territory, according to Wells Fargo & Co. The eliminations are likely to accelerate as the economy reopens following the Covid-19 pandemic and conditions normalize, Wells Fargo […]

Source: https://bankautomationnews.com/allposts/retail/u-s-banks-could-shed-200000-jobs-in-decade-in-efficiency-drive/