Brisbane Times · general
The ‘race to the bottom’ on AI job cuts has already started
14 hours ago
Bendigo Bank announced AI-driven job cuts on April 9, 2026, impacting potentially 10 percent of its workforce as it seeks $70 million in savings. The Financial Services Union condemned the decision as a dangerous escalation in the fight to protect jobs. The bank's move comes amid a wave of AI adoption across the financial sector.
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Summary by Glance · Original reporting by Brisbane Times
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