HomeAI · summaries
Storia in 14 fonti
Bank boss sorry for saying AI would replace ‘lower-value human capital’ amid job cuts
The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations
Confronto fonti
6 prospettive sulla stessa storiaTimeline cronologica
- ·
zerohedge.com
Standard Chartered To Replace "Lower-Value Human Capital" With AI As Meta Layoff D-Day Nears
"We are scaling practical uses of automation ..."
- ·
tomshardware.com
Standard Chartered plans to cut 7,000 jobs in AI push — lender wants to replace ‘lower-value human capital’ and focus on automation
Is AI more valuable than people?
- ·
saudigazette.com.sa
Standard Chartered to slash over 7,000 roles as AI use escalates
LONDON — Standard Chartered has become the latest company to announce job cuts as it seeks to replace 'lower-value human capital' with technology. The...
- ·
thedailystar.net
StanChart to cut over 7,000 jobs
Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human capital” with technology, becoming one of the top names…
- ·
timesofindia.indiatimes.com
‘Lower-value human’: Standard Chartered CEO’s remark sparks outrage as bank plans job cuts in India, other hubs
A new name for the working class, 'lower-value human capital'.They don't give a shit about you and your family. https://t.co/s2Y6rL6Mey
- ·
straitstimes.com
StanChart CEO reassures staff after ‘lower-value human’ backlash
A Singapore spokesperson said the bank will support its people through change - with care and respect. Read more at straitstimes.com. Read more at straitstimes.com.
- ·
StanChart CEO reassures staff after backlash over ‘lower-value human’ remark
Standard Chartered CEO Bill Winters reassures staff after backlash over remarks on AI replacing 'lower-value human capital'. Read more at straitstimes.com. Read more at…
- ·
channelnewsasia.com
StanChart CEO seeks to reassure staff members over 'lower value human capital' comment
The bank cited AI as a driver to slim its operations in its quest to increase profitability and tackle competition.
- ·
dailysabah.com
HSBC CEO appeals to staff not to fight AI as banks begin job cuts
British banking giant HSBC appealed to staff not to fight artificial intelligence on Wednesday, saying it would destroy jobs while creating new ones, as...
- ·
Don't fight AI, HSBC CEO tells staff members as banks begin job cuts
CEO Georges Elhedery pledged that AI could make HSBC workers "more productive versions of themselves".
- ·
independent.co.uk
Standard Chartered boss says AI comments taken ‘out of context’ after backlash
The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations.
- ·
qz.com
Standard Chartered CEO walks back AI jobs comment
Bill Winters drew criticism on social media and from a former head of state after describing workers as "lower-value human capital" at an investor event
- ·
HSBC CEO Georges Elhedery warns AI will cut banking jobs
HSBC could cut around 20,000 roles over coming years as big banks grow more open about AI's toll on their workforces
- ·
taipeitimes.com
HSBC tells workers not to resist AI changes - Taipei Times
Bringing Taiwan to the World and the World to Taiwan
- ·
StanChart CEO Scrambles Into Damage Control After "Lower-Value Human Capital" Comment Triggers Backlash
"Angry? You should be! This is how this employer described..."
- ·
thenationalnews.com
Standard Chartered CEO's 'lower-value human capital' comments draw ire | The National
Bank says chief executive's AI comments were 'taken out of context'
- ·
cryptobriefing.com
Standard Chartered plans to cut 7,500 jobs, replace with AI by 2030
Standard Chartered plans to cut over 7,000 back-office jobs by 2030, replacing risk, compliance, and HR roles with AI while pursuing digital asset expansion.
- ·
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.'
- ·
Banking union urges StanChart to invest in training workers as 'AI should complement employees'
The global bank earlier said it would cut 15 per cent of corporate function roles – or more than 7,000 jobs – by 2030.
- ·
economictimes.indiatimes.com
StanChart CEO apologises for 'upset caused' by AI comments
Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move…