The bank Standard Chartered has announced a sweeping restructuring plan to cut nearly 8,000 jobs by 2030. The decision forms part of a global automation strategy driven by artificial intelligence according to the company, but is fiercely contested by trade unions.
The British banking giant Standard Chartered, headquartered in London, is becoming the symbol of the technological transition by announcing a historic restructuring of its workforce as part of its strategy to increase automation and AI adoption. The institution has just announced the elimination of more than 15% of its administrative roles by 2030, equivalent to the loss of nearly 7,800 jobs out of the more than 52,000 employees (out of 81,000) at Standard Chartered holding this type of positio
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