Standard Chartered said it plans to eliminate thousands of support roles over the next four years, joining the ranks of global lenders using artificial intelligence to trim headcount. “It’s not about cost cutting,” Chief Executive Officer Bill Winters said at a press briefing in Hong Kong. “It’s about having a structurally more productive environment that is fit for future.” Bloomberg’s Tom Metcalf reports.
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“i can get a little more rich by destroying thousands of people’s lives” – Stanchart ceo
Human capital is God’s creation. I hope he does not mix up priorities.
Humans or mad greedy billionaires? And they wonder why we hate AI😮😢
Low value Human capital. Or Useless eaters all have the same meaning in Liberal democracies. Jai Hind
It’s not job cuts but it’s job cuts.
What a dufas
So what does he think, what will these hopeless, unemployed people do? No fear from AI, but ANGER!!!! 😉
Boy! What a terrible thing to say about the workers who got him where he is today. Sad commentary and disreputable as well.