Thursday, 28 May, 2026
AI Layoff Remark Backfires: Standard Chartered CEO Issues Apology
By TechShots Studio
Standard Chartered CEO Bill Winters apologized for comments defending AI-driven layoffs after criticism over his choice of words. Winters said the bank remains committed to supporting affected employees through the transition and helping them cope with workplace changes caused by AI adoption. The controversy highlights growing tensions around how companies communicate job cuts linked to artificial intelligence.
Read full story at times of india