New Delhi, May 20 -- Amid the growing concerns about job cuts around the world, by some of the biggest companies, due to Artificial Intelligence (AI), Georges Elhedery, the CEO of HSBC, has appealed to the bank's staff not to fight the technology.

Elhedery urged HSBC staff to make sure they were "not fighting us, not disenfranchised, not anxious, overwhelmed, and resisting the change," pledging that AI could make them "more productive versions of themselves".

"We all know generative AI will destroy certain jobs and will create new jobs," Elhedery said.

In March this year, it was reported that HSBC is weighing a medium-term reduction of up to 20,000 roles as part of a broad cost-cutting plan. The job cuts are tied to an AI-focused trans...