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2 resultsfor “Bill Winters Standard Chartered lower value human capital”

Business

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

Standard Chartered has apologised for referring to some of the almost 8,000 staff that are set to lose their jobs to artificial intelligence as [“lower-value human capital”](https://www.theguardian.com/business/2026/may/19/standard-chartered-bank-cut-jobs-ai-london). Bill Winters

The Guardian World10h ago
Business

Bank boss sorry after describing workers as 'lower value human capital'

Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by Artificial Intelligence (AI) as "lower value human capital". Discussing how automation was likely to lead to thousands of job cuts

BBC News7h ago