By PYMNTS | June 19, 2026 The global banking sector is currently navigating its most significant structural shift since the dawn of the internet. As artificial intelligence (AI) transitions from a theoretical novelty to a core operational pillar, the world’s leading financial institutions are grappling with a profound reality: the traditional banking workforce is undergoing…
In a landmark decision that marks a paradigm shift for the United States federal government, the Office of Personnel Management (OPM) has officially tapped Oracle to spearhead a massive $395.8 million digital transformation initiative. This project, aimed at overhauling the federal government’s archaic human resources (HR) infrastructure, represents one of the most ambitious IT modernizations…
In a move that underscores the shifting priorities of the modern fintech landscape, Robinhood Markets Inc. has announced a significant reduction in its workforce. Despite reporting record-level trading volumes and a strengthening bottom line, the Menlo Park-based brokerage is cutting approximately 10% of its staff—roughly 295 employees. This decision, revealed through a recent filing with…
The traditional image of retirement—a gold watch, a rocking chair, and a complete departure from the professional world—is rapidly fading into history. Across the United States, a growing demographic of older adults is opting to "retire from retirement," choosing to remain in the workforce long after they reach the age of eligibility for government benefits….
