Tech1 min read

HDFC Bank trims workforce by over 3,300 in FY26, says tech will elevate, not replace people

India's largest private sector lender, HDFC Bank, reduced its workforce by 3,343 employees during FY26. Managing Director and CEO Sashidhar Jagdishan said in the annual report that employees must adapt as the organisation evolves.

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The News Flicker

HDFC Bank trims workforce by over 3,300 in FY26, says tech will elevate, not replace people

India's largest private sector lender, HDFC Bank, reduced its workforce by 3,343 employees during FY26. Managing Director and CEO Sashidhar Jagdishan said in the annual report that employees must adapt as the organisation evolves.

India's largest private sector lender, HDFC Bank, reduced its workforce by 3,343 employees during FY26 as it accelerated efforts to automate operations and redeploy staff to customer-facing roles, Mo…

Originally published by Livemint. Read the full article →

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The News Flicker·July 9, 2026