Mizuho Financial Group in Japan plans to replace 5,000 administrative positions with AI

LootboxPhobia · 2026-02-27T10:56:59+00:00

Mizuho Financial Group plans to replace approximately 5,000 administrative positions with artificial intelligence over the next decade to enhance profitability and reallocate human resources. The bank emphasizes that this initiative does not involve layoffs and aims to improve productivity through automation.

LootboxPhobia

2026-02-27 10:56:59

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Investing.com – Mizuho Financial Group Inc. plans to replace approximately 5,000 administrative positions in Japan with artificial intelligence over the next ten years, the third-largest bank in Japan announced.

The bank stated that the goal is to improve profitability by reallocating human resources to key areas through the use of AI.

Mizuho clarified that this move does not constitute layoffs.

This initiative represents the financial institution’s effort to boost productivity through automation of administrative functions.

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