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DonaldYoung
DonaldYoung
January 1, 2026

A new Morgan Stanley analysis forecasts over 200000 European banking jobs could be lost by 2030 due to AI adoption and branch closures equating to roughly 10 percent of the workforce at major banks The AI driven efficiency push is also impacting the US with Goldman Sachs planning cuts and a hiring freeze

A new Morgan Stanley analysis forecasts over 200000 European banking jobs could be lost by 2030 due to AI adoption and branch closures equating to roughly 10 percent of the workforce at major banks The AI driven efficiency push is also impacting the US with Goldman Sachs planning cuts and a hiring freeze
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