Bank of Ireland to reduce workforce before end of the year, says CEO
Staff numbers at Bank of Ireland will be reduced in the second half of the year, including 260 voluntary redundancies, with further cuts likely next year.
Myles O'Grady, the bank's group chief executive, has said some of the reduction in headcount is due to the use of artificial intelligence in areas such as financial services, as the bank begins 'to deploy AI in a more meaningful way across the board'.
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Irish Independent
17 hours ago
- Irish Independent
Nine out of 10 small businesses ‘have embraced AI in some form', says survey
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Irish Examiner
a day ago
- Irish Examiner
Small Irish firms 'have not yet explored full potential of AI', survey finds
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Irish Times
a day ago
- Irish Times
European shares recover although Swiss stocks take a hit on US tariff news
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