Axis Bank hints at additional staff reductions following 3,100 job decrease in FY26
Axis Bank has indicated that further downsizing is possible after reporting a drop of 3,100 employees during FY26. The bank's leadership stated that certain mid-office and back-office positions could be removed to boost operational productivity. CEO Amitabh Chaudhary explained that the recent decline in headcount was primarily the result of efficiency gains driven by new technology.
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