Commerzbank says it will cut 3000 jobs as it steps up investment in AI. They come on top of 3900 cuts announced last year. AI initiatives to generate an additional value of around €500m per year, from 2030 onwards.
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From 2026 to 2030, the Commerzbank plans to invest cumulative around €600m in AI. From 2030 onwards, the bank expects its AI initiatives to generate an additional value of around €500m per year. The Bank also anticipates that AI will enable it to free up and partially redeploy around 10% of its capacities. Commerzbank continued […]
The post Commerzbank says it will cut 3000 jobs as it steps up investment in AI. They come on top of 3900 cuts announced last year. AI initiatives to generate an additional value of around €500m per year, from 2030 onwards. appeared first on NOCASH ® de 25 ani.
