Image: The BankerPhilippines’ largest bank rules out AI job cuts - The Banker
• BDO Unibank, the largest bank in the Philippines, has ruled out using artificial intelligence to implement job cuts. • CEO Teresita ASEAN-based BDO Unibank stated that AI is intended to augment human capabilities, claiming the technology "makes average performers exceptional." • This stance highlights a strategic shift toward AI-driven productivity and workforce empowerment rather than labor replacement within the financial sector.
thebanker.com
