HDFC Bank Reduces Workforce by Over 3,000 Amid Automation Efforts

HDFC Bank reduced its workforce by over 3,000 employees in the financial year ended March as it increased automation and shifted backend staff to customer-facing roles. The bank's total headcount stood at 211,178 as of March 31, with new hiring down significantly compared to a year ago.

By Satarupa Bhowmik Mon, July 13, 2026 at 1:00 PM GMT+3 2 min read · Yahoo Finance · July 13, 2026, 10:00 UTC

HDFC Bank Reduces Workforce by Over 3,000 Amid Automation Efforts

Tickers: $JPM

Topics: automation banking management changes workforce reduction

Read the full article at Yahoo Finance

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