Major British bank to axe over 7,000 jobs as it ramps up use of AI
A MAJOR banking firm has confirmed plans to cut around 7,800 jobs as it ramps up the use of AI across its operations. Standard Chartered said it will cut over 15 per cent of back-office roles by 2030. The London-based bank is the latest firm to cut staff as it adopts new technologies. Standard Chartered,...
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