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StanChart slashes jobs by half in 10 years amid automation
Standard Chartered Bank's co-shared space with Artcaffé at Britam Centre. The space, launched in December 2021, offers mobile express banking, ATMs, phone banking services and electronic cheque and cash deposit.
Standard Chartered Bank Kenya last year spent Sh580.1 million on staff redundancies, marking the latest in a decade-long trend that has seen its workforce shrink by more than half to 1,001.
The lender, which has been leaning further into digital banking, has been consistently downsizing even as its net profit and payroll costs continue to grow.
