Standard Chartered Joins AI Layoff Wave With Over 7,000 Job Cuts Planned

Standard Chartered will cut more than 15% of corporate function roles by 2030 as the UK-headquartered bank scales up the use of artificial intelligence. The bank confirmed the plan in a strategy update to investors alongside fresh profitability targets. Banking Giant Standard Chartered to Cut Thousands of Jobs The banking giant’s restructuring is set to The post Standard Chartered Joins AI Layoff Wave With Over 7,000 Job Cuts Planned appeared first on BeInCrypto.