Robots Could Replace 48,000 Employees At This Bank...And Other Small Business Tech News This Week

Here are five things in technology that happened this past week and how they affect your business. The CEO of Deutsche Bank says technology will lead to significant layoffs at his organization in the not-too-distant future. To date, 4,000 jobs have been cut of the 9,000 the bank announced in late 2015 were threatened as part of a 5-year plan. According to its CEO, technology will allow Deutsche to cut thousands more jobs, and he believes entire industries will be able to replace workers with robots. When big company CEOs are openly talking about robots replacing their employees then the writing is on the wall.