Standard Chartered to cut over 7,800 jobs by 2030 through AI
- Location
- London · 🇬🇧 United Kingdom
- Company
- Standard Chartered
- Sector
- Banking
- Affected staff
- 7,800
The London-based major bank plans to cut more than 7,800 jobs through AI automation by 2030, over 15 percent of the group's functions. Back-office sites in India, Malaysia, Poland and China are primarily affected; CEO Winters' phrase 'lower-value human capital' drew criticism.
Source: bankingdive.com ↗ · Archived copy ↗
Evidence: one source · archived copy saved · second source missing (two-source rule) · How well sourced is Eurotrack?
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