Lloyds Banking Group to hire 300 tech experts to work on AI

"Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to job cuts in future Lloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, announces a strategic plan for the 261-year-old lender. The bank said it intended the recruits to work on its use and development of agentic AI by September, referring to autonomous AI models that can plan and execute tasks with minimal human oversight. Co"

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This report is based on coverage originally published by The Guardian.

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