Strategy5 min
DNB Cuts 400 IT Jobs, Cites Gains from AI Agents
Norway's largest bank removes around 400 positions in Technology & Services, stating AI agents now handle KYC, data control, and programming. Cuts complete by Q4 2026.
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Strategy
Strategic trends and analysis for C-level executives
226 analyses
Strategy5 min
AI Job Openings at Wall Street Banks Rise 49% for 2026
Draup's survey reveals 139,819 AI job postings at banks like JPMorgan and Citi, with governance mentions nearly double those for model building.
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Strategy5 min
Deutsche Telekom targets €2.5B savings with AI outside US
During AI Day, the operator raised its 2027 target to €1.1B and projects €2.5B in indirect costs by 2030 from 2023. It did not disclose job losses.
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Strategy5 min
Anthropic Launches Claude in India via AWS
Opus 5, Sonnet 5, and Haiku 4.5 operate in endpoints between Mumbai and Hyderabad. The focus is on banks and government, which faced data residency requirements.
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Strategy5 min
Anthropic Invests $100M to Train 10K AI Engineers
Claude Frontier Academy trains engineers from major firms in a 12-week residency, enhancing competition among AI labs within consulting firms.
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Strategy6 min
U.S. Insurance Sector Loses 90,000 Jobs; AI Is Not Sole Cause
BLS data shows U.S. insurance sector 90,000 jobs below May 2025 peak. Allianz, Acrisure, and outsourcing in India highlight where AI impacts and where other factors apply.
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Strategy5 min
ERGO Names AI Chief and Cuts Call Center Jobs
ERGO NEXT's founder becomes the first Chief AI Officer of ERGO, part of the Munich Re group. ERGO will cut 1,000 call center and claims jobs by 2030 without forced layoffs, and Allianz Partners is eliminating up to 1,800 positions as it expands AI.
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Strategy5 min
Claude for Government exits beta with agency spending cap
Anthropic launched Claude and Claude Code for US agencies in FedRAMP High, with no seat charge and direct contracting, impacting integrators’ resale model.
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Strategy4 min
ServiceNow Launches AI Flow for Instant Help Desk
The product runs on Slack and Teams without an implementation project, targeting the "Fortune 500,000." Charges start at $10,000 annually, challenging consultancy deployment models.
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Strategy5 min
Oracle Launches Fusion Claw with 25 Agentic ERP Apps
Oracle launched Fusion Claw, a runtime enabling agents for long tasks in ERP, along with two AI products for financial crime investigation. Pricing and production clients were not disclosed.
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Strategy5 min
Meta launches Muse for Small Business with $100 plans
Meta unveiled Muse for Small Business, a free AI agent with $20 and $100 plans, connecting to QuickBooks, Shopify, and Stripe. Available only in the U.S. and Canada, launched just after establishing a corporate unit led by CJ Desai.
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Strategy5 min
OpenAI Launches GPT-6.1 Sol at 1/5 the Price of Astra
At DevDay, OpenAI launched GPT-6.1 Sol at $2 per million input tokens, a fifth of Astra's price, alongside dots, always-on agents not yet available to Pro subscribers in the UK and Europe.
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