Overview
- CEO Herman Gref said a multi‑agent AI system analyzed personnel and flagged roles for elimination, with reductions to be completed by Jan. 1, 2026.
- The cuts focus on the bank’s central apparatus and project teams developing various products, according to Gref.
- Gref said the AI proposed closing projects it judged ineffective, with positions tied to those projects to be removed to free resources.
- A team of human experts reviewed the AI assessments and found over 80% accuracy, Gref told reporters.
- At the AI Journey‑2025 conference, Putin said there are no inefficient employees, only poor management, and Gref accepted partial responsibility.