[BUSINESS]■ STORY TIMELINE
STANDARD CHARTERED TO CUT 8,000 BACK-OFFICE JOBS BY 2030
Standard Chartered plans to eliminate nearly 8,000 back-office positions by 2030, representing a 15% reduction in support functions. The cuts target global hubs including Bengaluru as the bank accelerates AI adoption.
The Guardian — Technology+0m
London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles Business live – lates…
Techmeme+18m
Arjun Neil Alim / Financial Times: Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ re…
Bloomberg Tech+7h 7m
“It’s not cost cutting; it’s replacing in some cases lower-value human capital.” Standard Chartered CEO Bill Winters de…
Bloomberg Tech+1d 9h
FedEx President and CEO Raj Subramaniam says the company’s investment in AI and data analytics is helping optimize its n…