HSBC Weighs Job Cuts From Multiyear AI-Fueled Overhaul

[CC may contain inaccuracies] To one of our top stories today. And HSBC is said to be weighing a wave of deep job cuts over the coming years as CEO Georges Elhedery bets on AI to shrink its middle and back office footprint, I should say. For more on this is bring in Bloomberg finance editor Adam Haigh.Adam, what do we know in terms of the strategic ambitions here. HSBC for a number of years now has undergone a lot of changes. It has, Haidi.And really what we're reporting today is kind of the next phase of E ...