Ja­panese bank Mizuho to cut staff

The Hindu Business Line - - BANKING - AFP

Ma­jor Ja­panese bank Mizuho Fi­nan­cial Group is con­sid­er­ing slash­ing its global work­force by about one-third over a decade, re­ports said, as it looks to re­place cler­i­cal jobs with ar­ti­fi­cial in­tel­li­gence and other tech­nol­ogy. The lender is look­ing at chop­ping 19,000 jobs from its cur­rent ros­ter of around 60,000 em­ploy­ees in Ja­pan and over­seas by March 2027, the topselling Yomiuri news­pa­per said.

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