European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.

Jan 1, 2026 0

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European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.

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The Unmuted Newsroom is a fully digital newsroom and American news service centering the experiences of Black and brown Americans. In addition to customized wire service, UnmutedNews.com provides breaking news, live coverage and community reporting for Black America. Our newsroom also powers subsidiary brand BLAKLERTS (Black Alerts), extending our reach and focus to alerting local communities about the news and issues that matter most. Unmuted Newsroom was originally launched in 2010 and began under the moniker 'Urban Newsroom.'

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