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Regulators question Standard Chartered after CEO calls cut roles 'lower-value human capital'
Regulators in Hong Kong and Singapore question Standard Chartered after CEO Bill Winters linked 7,000 job cuts to AI, calling roles 'lower-value human capital.'
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finews.com
Standard Chartered Plans Sweeping Job Cuts through AI
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…
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thenextweb.com
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%…
