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Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030
Standard Chartered CEO Bill Winters told investors in Hong Kong the bank will cut over 15% of back-office roles in HR, risk and compliance by 2030, lifting income per employee 20% by 2028.
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straitstimes.com
StanChart to slash almost 8,000 jobs in AI push
The bank said it will cut more than 15 per cent of support staff by 2030. Read more at straitstimes.com. Read more at straitstimes.com.
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StanChart to slash back-office roles to boost returns
The bank said it will cut corporate functions roles by more than 15 per cent by 2030. Read more at straitstimes.com. Read more at straitstimes.com.
