Layoffs

Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts

2026-05-22 · AI (artificial intelligence) | The Guardian

Standard Chartered CEO Bill Winters apologized for calling nearly 8,000 workers about to be replaced by AI 'lower-value human capital.' Nothing says 'we value our people' like ranking them below the bots replacing them. At least he's honest about how the C-suite views the workforce in the age of AI.

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