Technology And Robots Threatens Land The Job Bank Employee

Technology advances that continue to exhibit rapid development have now become a scourge which threatened to land the job. One of the jobs that got swept up in this is the banking industry.
Technology And Robots Threatens Land The Job Bank Employee
Automation and use of technology that significantly predicted could replace some of the jobs in the banking world. The data acquired, the number of employees and officials of a number of banks by September 2017 down.

For example, citing the financial statements of PT Bank CIMB Niaga Tbk, Saturday (11/11/2017), the number of employees of the company on 30 September 2017 recorded 12,981 persons, lower if compared to the period December 31, 2016, to reach 13,185 people. That is, the nine-month decline in the number of employees reached 204 people.

The same thing also happened with PT Bank OCBC NISP Tbk. In late September 30, 2017, the number of employees of the company reached 6,511 people. This figure is down from the period 30 September 2016 recorded 6,874 people. In one year, the number of employees of Bank OCBC NISP reached 363 people.

PT Bank Danamon Tbk else experiencing the same thing. In the financial statements, the company has recorded the number of employees on 30 September 2017 at 30,226 people or reduced 2,436 people compared to the same period of the previous year are there in numbers 32,662 people.

A decrease in the number of employees is in line with the predictions of the former boss of Citigroup, Vikram Pandit. He said a growing technology will become a threat to the workers in the banking world. In the coming five years, he predicts 30 percent of jobs at banks could disappear.

In an interview with Bloomberg, 60 men this year says the biggest threat comes from artificial intelligence technology (artificial intelligence) and robots. These two technologies will replace the human resources working in the back office.

"I saw the banking world switch from major financial institutions to the company a little more decentralized," he said as reported by from Bloomberg.


Prediction of Pandit turned out to be the same as the research issued by Citigroup on last March. In the report, an estimated 30 percent of banking jobs will be lost over the next decade.

Corporate banking will also be more and more use of performance robots to do a variety of jobs.

The report also mentions, the presence of Citi branches and cost of bank staff made of roughly 65 percent of the total cost of the basic retail bank. Many of these jobs are at risk impacted by automation.

The work teller, in particular, is also threatened. This is apparent from the number of teller in the bank the U.S. has dropped 15 percent since reaching its peak in 2007.

Banks in Japan are already doing

In Japan, major banks are planning on doing any termination of employment relationships (LAYOFFS) a number of his employees for the substituted robot.

Japan's biggest bank, Mizuho Financial Group is considering a number of its employees to trim one-third in the next 10 years. The company is planning to replace the role of the workers with robots, artificial intelligence, and other technologies.

As reported in the local newspaper Yomiuri quoted from AFP and Strait times, the bank will lay off about 19 thousand workers and a total of 60 thousand of workers around the world. the network of Mizuho That step will be made in March 2027.

While another local newspaper, the Asahi, mention that they also will close 30 branches in Japan of a total of 800 branches.

Mizuho spokesman in Tokyo declined to comment and then argued that the company was having a lot of trouble.

The Bank issued a profit that was pinned after the central bank, the Bank of Japan, last year adopted a policy of negative interest rates and implement a large-scale asset purchase program.

Malang Satu

Popular posts from this blog

Kecebong Dan Kampret Semakin Merajai Media Sosial