HDFC Bank cuts 3,343 jobs in financial year 2026 amid push to automate ops

HDFC Bank cut its workforce by 3,343 in the financial year 2026 amid a push to automate operations. The total number of employees at India's largest private lender was 2,11,178, compared to 2,14,521 in FY25. "As we accelerate the transformation toward becoming a technology-led, customer-centric bank, employees need to keep pace," CEO Sashidhar Jagdishan said.