Lloyds Banking Group to hire 300 tech experts to work on AI
Lloyds Banking Group announced plans to hire 300 tech experts to enhance its AI capabilities during a recruitment drive. Chief Executive Charlie Nunn emphasized that these recruits will focus on developing agentic AI models by September. While this initiative increases headcount now, the future adoption of AI may lead to job cuts in other areas.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 20 Jun 2026, 11:00 UTC · Updated 20 Jun 2026, 11:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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