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NatWest is cutting jobs by using AI, which means fewer staff are needed for some tasks. Banks often reduce their branch network to cut costs, especially as more customers use online services. While not directly stated, this trend suggests your local branch could be at risk as banks prioritise efficiency.
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NatWest Cuts 1,000 More Jobs in AI Efficiency DriveRelated explainers
Will AI take my job? Why cut jobs when profitable? Why are bank branches closing? Will my bank branch close? How do airports decide to close? Why were bank accounts closed? Your bank and sanctions Bank branch closuresThe full catalogue
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