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HSBC Holdings Plc is weighing deep job cuts over the coming years as chief executive officer Georges Elhedery bets on AI to shrink its middle and back offices, one of the first signs of how the technology could reshape Wall Street workforces


(March 19): HSBC Holdings plc is weighing deep job cuts over the coming years as chief executive officer Georges Elhedery bets on AI to shrink its middle and back offices, one of the first signs of how the technology could reshape Wall Street workforces.

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