Major UK bank axes around 7,800 jobs as it ramps up AI use
15 per cent of the workforce is being cut
Standard Chartered to cut 7,800 jobs
- Standard Chartered to cut 7,800 jobs across India, China and other hubs as CEO Bill Winters says 'it's not cost cutting, it's...' Times Of India —
- Standard Chartered to cut more than 7,000 jobs as it steps up AI use The Guardian —
- StanChart CEO Winters Says AI to Replace "Lower-Value Human Capital" Bloomberg —
- StanChart, Meta Join AI Push With Job Cuts Bloomberg —
- StanChart to Cut Thousands of Jobs in AI Push Bloomberg —