Standard Chartered plans to cut thousands of back-office jobs over the next four years. The bank is thereby joining the ranks of global institutions seeking to reduce headcount through the use of artificial intelligence.

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.

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.

Standard Chartered plans to cut 7,000 jobs as it expands AI adoption, streamlines operations and targets higher returns by 2030.