Women in tech and finance at higher risk from AI job losses, report says

AI Summary
A report by the City of London Corporation found that women in tech and finance are at higher risk of job displacement due to AI and automation, particularly in clerical roles. The report highlights that "mid-career" women are often overlooked for digital roles due to rigid hiring processes and automated CV screening that penalizes career gaps. Approximately 119,000 clerical roles, predominantly held by women, are estimated to be displaced in the next decade. The corporation urges employers to focus on reskilling female workers to mitigate job losses and potential redundancy costs. They recommend focusing on potential rather than past experience to retain women and foster innovation within the UK's digital sector.
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