HDFC Bank has cut over 8,000 back-office roles, driven by AI-powered automation, while prioritizing customer-facing and management positions to adapt to evolving banking dynamics.
The bank even hired fewer employees amid tech shift
Jul 13, 2026
03:05 pm
What's the storyHDFC Bank has reduced its workforce in the last financial year as part of a larger shift toward technology and automation.
The bank's latest annual report shows that its total employee strength stood at 2,11,178 as of March 31, down by 3,343 from the previous year.
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HDFC Bank's workforce decreased by 3,343 due to automation, with total staff now at 211,178 as of March 31.
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