{"id":23203,"date":"2026-05-22T11:37:25","date_gmt":"2026-05-22T09:37:25","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/05\/22\/standard-chartered-boss-apologises-for-lower-value-human-capital-comments-amid-job-cuts\/"},"modified":"2026-05-22T11:37:25","modified_gmt":"2026-05-22T09:37:25","slug":"standard-chartered-boss-apologises-for-lower-value-human-capital-comments-amid-job-cuts","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/05\/22\/standard-chartered-boss-apologises-for-lower-value-human-capital-comments-amid-job-cuts\/","title":{"rendered":"Standard Chartered boss apologises for \u2018lower-value human capital\u2019 comments amid job cuts"},"content":{"rendered":"<p>Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AI<\/p>\n<p>The chief executive of 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 <a href=\"https:\/\/www.theguardian.com\/business\/2026\/may\/19\/standard-chartered-bank-cut-jobs-ai-london\">\u201clower-value human capital\u201d<\/a>.<\/p>\n<p>Bill Winters offered the apology after a backlash over comments he made earlier this week as the London-headquartered lender became one of the first major global banks to lay out plans to cut about 7,800 back-office roles, primarily in response to AI.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/may\/22\/standard-chartered-boss-apologises-for-lower-value-human-capital-comments-amid-job-cuts\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e594cdf26c42af843198701085d97b990d825fe4\/767_356_1163_931\/master\/1163.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=67afaeb865ea8a00f20850d125843b4e\" title=\"Standard Chartered boss apologises for \u2018lower-value human capital\u2019 comments amid job cuts\" \/>Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AI<br \/>\nThe chief executive of 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 \u201clower-value human capital\u201d.<br \/>\nBill Winters offered the apology after a backlash over comments he made earlier this week as the London-headquartered lender became one of the first major global banks to lay out plans to cut about 7,800 back-office roles, primarily in response to AI. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AI The chief executive of 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 \u201clower-value human capital\u201d. Bill Winters offered the apology after &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/05\/22\/standard-chartered-boss-apologises-for-lower-value-human-capital-comments-amid-job-cuts\/\"> <span class=\"screen-reader-text\">Standard Chartered boss apologises for \u2018lower-value human capital\u2019 comments amid job cuts<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":23204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23203"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=23203"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/23204"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=23203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=23203"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=23203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}