‘Lower-value human’: Standard Chartered CEO’s remark sparks outrage as bank plans job cuts in India, other hubs

Standard Chartered’s plan to cut nearly 7,800 jobs globally by 2030 has triggered a fierce backlash online after CEO Bill Winters described some roles as “lower-value human capital” while outlining the bank’s AI-driven overhaul.The London-headquartered lender, which has major back-office operations in India, said it would eliminate around 15 per cent of corporate-function roles over […]

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Dubai news: ‘Evacuate the office?’ Standard Chartered responds to viral rumours in UAE emirate amid Iran vs US-Israel war

Did Banks Start Leaving Dubai? Standard Chartered Issues Urgent Statement Amid Iran vs US-Israel War The intensifying geopolitical conflict between Iran, the United States and Israel is beginning to ripple through global financial markets, prompting international banks to reassess operations in the Gulf. At the center of the latest developments is Standard Chartered, which has […]

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