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

According to The Guardian, Starling Bank—a London-based digital-only fintech—is cutting one hundred thirty jobs, or three percent of its workforce, to fund increased investment in artificial intelligence. The company said the restructuring eliminates duplicate roles across its banking and tech operations. The move highlights a growing trend: tech companies betting that AI-driven automation will eventually prove more cost-effective than keeping human employees.

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