Get the latest tech news
StanChart To Cut Over 7,000 Jobs, Boost AI To Replace 'Lower-Value Human Capital'
The London-headquartered lender Standard Chartered announced plans to cut more than 7,000 jobs by 2030, with CEO Bill Winters saying the bank will replace some "lower-value human capital" through automation and AI while offering retraining to affected workers. "It's not cost-cutting. It's replacing ...
None
Or read this on Slashdot