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Firms to Cut 400,000 Jobs by 2030: Report

May 31, 2019 by Eugene Grygo

Firms to Cut 400,000 Jobs by 2030: Report

As securities firms move toward the new Nirvana of digital transformation, the result will be an acceleration of staff cuts resulting in “an enormous reduction in staff with more than 400,000 full-time employees lost by 2030,” according to a report from market research firm Opimas. In fact, asset management firms may see the greatest impact,… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Artificial Intelligence, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, KYC, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News, People Moves Tagged With: AI, artificial intelligence, asset management, Axel Pierron, data analytics, digital transformation, market research, Opimas, securities firms, staff cuts, STEM, workforce

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