News On Japan

Mizuho To Shift 5,000 Jobs As AI Slashes Back-Office Work

TOKYO, Mar 01 (News On Japan) - Mizuho Financial Group has decided on a policy to improve operational efficiency through the use of artificial intelligence, aiming to reduce administrative work equivalent to as many as 5,000 employees over the next decade.

The group currently employs approximately 15,000 administrative staff nationwide, but it does not plan to carry out layoffs. Instead, it will support reskilling initiatives and gradually reassign employees to roles such as information gathering and analysis for corporate sales, as well as providing support for operational efficiency improvements.

Source: テレ東BIZ

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