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Banks slashing jobs in South Africa
Three of South Africa's major banks have cut jobs over the past five financial years, with one cutting more than 5,000 staff since 2019.
As banking shifts from traditional in-store transactions to digital channels, banks are reducing their footprints and the number of staff on the ground.
Three of South Africa's major banks have cut jobs over the past five financial years, with one cutting more than 5,000 staff since 2019.
As banking shifts from traditional in-store transactions to digital channels, banks are reducing their footprints and the number of staff on the ground.