Axis Bank’s AI Push Signals Slower Hiring Ahead for India Firm

Axis Bank’s AI push signals slower hiring ahead for India firm

“Our hope is that, at least to start with, there is no need to continue to increase the headcount at the same pace as before,” CEO Amitabh Chaudhry said

Axis Bank Layoffs Coming? CEO Amitabh Chaudhry Replies

Axis Bank expects AI and technology investments to drive growth with slower hiring and flat headcount. CEO Amitabh Chaudhry stated no layoffs are planned, noting employees can adapt to emerging tech-focused roles as efficiency improves. 'I don’t think any employees will be let go,' Chaudhry said, excluding departures tied to individual underperformance. Axis Bank Layoffs Coming? CEO Amitabh Chaudhry Replies.

Watch Axis Bank CEO’s AI Push Signals Slower Hiring Ahead

Axis Bank CEO Amitabh Chaudhry expects its investments in AI to help it expand without growing headcount at the same pace. He said this in an exclusive interview with Bloomberg’s Haslinda Amin.

Axis Bank Plans Slower Hiring as AI Adoption Accelerates

Axis Bank is speeding up the use of artificial intelligence (AI) to promote company growth but is cutting down the rate of hiring new staff. The lender has a net headcount of nearly 101,000 employees, down 3% after adding 400 branches in FY26.