Happening at Wells Fargo, JPM, US Bank and many others. Strange all these companies in the same industry are having layoffs the same days during good times.
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I have been working on this robot tonight
https://youtu.be/pspmBbbOHh8
I'd rather be replaced by cool software that can automate my job in an expert way than by a bunch of Indians that can barely do a fraction of what I am doing or am capable of doing!
I have been asked to research robots for our tasks. Not sure how I should feel about this.
Also we have machine learning and robotics so those repetitive tasks robots do so real folks can concentrate on the complex problems means reduction in FTE no matter how you try to color it. Erica helping customers instead of associates means layoffs. Bottom line. Same in other industry. Las Vegas won't have a human dealer, housekeeping, etc. In a few years they say. Most of us don't know how to program a robot so we could be on the chopping block unfortunately.
Every industry, not just banking. And if you believe these are "good times" then how to explain mass layoffs happening in all industries across all sectors.
Oh, right, the talking head on TV said times are GREAAAT!! Well, you can believe the talking head on TV or what your own two eyes see in front of your face.
How's this for a start?
More store closures in 2017 than EVER IN HISTORY! And 2017 set the previous record.
You say, "But,,,Amazon"
Amazon represents a whopping 4% of total retail, so that is what the media calls a "Narrative" which is a fancy word for BS. These are not good times, despite what the official goct stats tell you, or your TV.
If it’s mortgage it’s not really surprising rates are up and apps are down