2026-09-27 14:01 utc · business-standard.com

Axis Bank hires 12,500 grads while quietly retiring the old ones' jobs

Transaction-processing roles are getting 'phased out as vacancies are reassessed,' bank-speak for the position dying of natural causes once its human leaves. Meanwhile 65 percent of staff movement is now internal, which is one way to describe musical chairs with fewer chairs.

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