Finance departments are being replaced by robots.
Originally shared by Wayne Radinsky
Finance departments are being replaced by robots. "Automation is enabling firms to replace swaths of white-collar workers, much as mechanical robots have displaced blue-collar workers on assembly lines. Since 2004, the median number of full-time employees in the finance department at large firms has declined 40% to about 71 people for every $1 billion of revenue, down from 119, according to Hackett Group."
http://blogs.wsj.com/cfo/2015/05/05/the-morning-ledger-finance-departments-are-being-replaced-by-robots
Finance departments are being replaced by robots. "Automation is enabling firms to replace swaths of white-collar workers, much as mechanical robots have displaced blue-collar workers on assembly lines. Since 2004, the median number of full-time employees in the finance department at large firms has declined 40% to about 71 people for every $1 billion of revenue, down from 119, according to Hackett Group."
http://blogs.wsj.com/cfo/2015/05/05/the-morning-ledger-finance-departments-are-being-replaced-by-robots
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