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1 results for "white-collar AI"

A financial trading floor related to Banks Are Quietly Cutting Junior Analyst Cohorts as AI Restr

Finance & Banking · 5 min read

Banks Are Quietly Cutting Junior Analyst Cohorts as AI Restructures Entry-Level Finance

Major banks are cutting junior analyst hiring by up to two-thirds as AI absorbs templated research, compliance review, and modeling tasks — a structural shift Fortune calls the first sector-wide white-collar AI displacement.