Standard Chartered CEO Apologizes for 'Lower Value' Remark
BBC Business
Standard Chartered CEO Bill Winters apologizes for calling some employees 'lower value human capital' amid automation fears. What does this mean for the future of work?
Standard Chartered's Bill Winters faces backlash over 'lower value' remark.
CEO apologizes, emphasizing commitment to employee support amid AI changes.
Bank to cut 15% of back-office roles, impacting about 7,800 jobs.
The rise of AI poses significant job security concerns across industries.