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NatWest announces 1k more jobs cut after AI efficiency drive

AI · Industry · 2026-10-31 15:01

NatWest Group announced about 1,000 additional job cuts as efficiency gains from AI and technology drive cost reduction. The bank reported quarterly operating pre-tax profit of roughly £2.2 billion while continuing its shift toward a technology-driven model.

Source: www.independent.co.uk


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