Banking
Jobs affected: 7,800
Events: 1
AI exposure score
75
Risk band
High
Events affecting role
1
Total jobs affected
7,800
Industries where role appears
Events affecting this role
layoff
Standard Chartered plans about 7,800 back-office job cuts as AI adoption rises
Date: 2026-05-19
Company: Standard Chartered
Industry: Banking
Jobs affected: 7,800
Standard Chartered said it would cut 15% of its back-office roles by 2030, about 7,800 redundancies, with automation and AI adoption driving a slimmer operating model.