Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
AI to Replace 'Lower-Value Human Capital:' StanChart
Posted
May 19, 2026
Views
852
Likes
19
Comments
1
Engagement
2.35%
May 19, 2026
852
19
1
2.35%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:21Now PlayingStandard Chartered Plc plans to eliminate close to 8,000 support roles over the next four years, scaling practical uses of AI to streamline processes. #ai #usa
The bank said it would cut corporate functions roles by more than 15% by 2030, with affected staff to receive "good clear notice" ahead of time.
The job cuts are expected to drive productivity improvements to raise income per employee by about 20% by 2028, according to the bank.
----------
Like this video? Subscribe
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months
Bloomberg on YouTube:
Connect with us on social:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
