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…’
Standard Chartered will eliminate roughly 7,800 jobs by 2030, around 15 per cent of its corporate functions, as the Asia-focused lender leans on AI to slim down its back office. The bank employs nearly 82,000 people worldwide, and more than 52,000 of them sit in the corporate functions being targeted.CEO Bill Winters, the UK’s longest-serving…