Standard Chartered AI cuts deepen UK jobs gloom

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Standard Chartered has announced plans to slash almost 8,000 back-office roles, as Britain’s labour market continues to show signs of strain.

The London-headquartered lender said it would reduce over 15 per cent of its support functions by 2030, equivalent to around 7,800 jobs, as boss Bill Winters pushed through a new strategy aimed at lifting https://www.cityam.com/standard-chartered-ai-cuts-deepen-uk-jobs-gloom/">[...]

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Standard Chartered to cut 7,800 jobs