Thursday, 12 February, 2026
Banks Slow Hiring Pace as Artificial Intelligence and Automation Take Over Core Tasks

The banking sector is experiencing a significant slowdown in recruitment as financial institutions increasingly rely on artificial intelligence and automation. By integrating advanced technology into operations, banks are streamlining repetitive tasks, enhancing customer service via bots, and improving risk assessment. This strategic pivot reduces the need for traditional manual roles, prompting a shift toward hiring specialized tech talent.
Read full story at Economic Times