Watch StanChart, Meta Join AI Push With Job Cuts - Bloomberg

May 19th, 2026

StanChart, Meta Join AI Push With Job Cuts

Standard Chartered plans to eliminate close to 8,000 support roles over the next four years, scaling practical uses of AI to streamline processes, and Meta Platforms is reassigning 7,000 workers to new jobs related to AI. Tom Metcalf has more on "Bloomberg Open Interest."

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