Study warns robotic bank will cut jobs by 20%



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The Hays survey of financial sector actors also shows that employees are more optimistic and trust the future of the traditional banking sector

80% of banks believe that the implementation of technology and Robotization will have "effects on their workforce and estimate that by 2030, between 10% and 20% of their jobs will disappear for this reason.

" The more than necessary digitization of the bank, the entry of great technologies As "players" in the market, the increasing use of "robo advisers" and the consumption habits of users can be decisive for the configuration of this fear, "says the" Guide du marché du travail "prepared by Hays. [19659003] Instead, employees are more optimistic and trust the future of traditional banks, 60% of them believe their jobs will stay in 10 years, 25% have doubts es and only 15% fear for their long-term employment stability. In fact, only 10% of respondents think that technology destroys jobs.

Most see advances in this area as always a "good opportunity" and, in the case of job cuts, create others. This, despite the fact that the report prepared by the recruitment company reveals that 40% of the entities have already implemented a technology replacing the workforce during the past year.

On the other hand, a common element of perception In the labor market, it is difficult to find qualified professionals for certain positions, which join, as in the case of the banking sector, the flight of talent.

Two out of three respondents in the banking sector fear a staff turnover higher than in previous years, a figure "significantly" higher than that of the rest of the sectors.

The profiles that suffer the most from sales are those related to sales activities, although this type of business is the one that usually runs more in all businesses. The main reason to change is the salary.

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