Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030 (opens in new tab)

Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more than 15% of its back-office roles by 2030, chief executive Bill Winters told investors at […] This story continues at The Next Web