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Starling Bank to cut 130 jobs and boost investment in AI to reduce costs

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The London-based fintech said the restructuring was necessary to reduce ‘duplicate’ rolesBusiness live – latest updatesStarling Bank has said it will cut more than 100 jobs from its workforce, as it invests more heavily in artificial intelligence to push down costs. The digital-only bank told staff that 3% of its workforce, or 130 jobs, would be made redundant, as part of a restructuring of its banking and tech operations.

The London-based fintech said the restructuring was necessary to reduce ‘duplicate’ roles

Starling Bank has said it will cut more than 100 jobs from its workforce, as it invests more heavily in artificial intelligence to push down costs.

The digital-only bank told staff that 3% of its workforce, or 130 jobs, would be made redundant, as part of a restructuring of its banking and tech operations.

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Originally published by The Guardian World Read original →