Evaluating recent Wall Street predictions.
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Advancements in artificial intelligence (AI) and automation are projected to lead to substantial layoffs and job eliminations on Wall Street. Based on a survey conducted by Bloomberg Intelligence, featuring input from Wall Street giants like Citigroup, JP Morgan Chase and Goldman Sachs, middle office and operations are most at risk – any job that involves routine or repetitive tasks is in the crosshairs. Industry analysts forecast that…
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https://www.forbes.com/sites/chriswestfall/2025/01/13/how-ai-revolution-is-driving-200000-layoffs-on-wall-street/
