StanChart staff count falls below 1,000 as job cuts enter 11th year

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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.

Photo credit: File | Nation Media Group

Standard Chartered Bank Kenya has cut its workforce to below 1,000, extending a long-running downsizing cycle that reflects its deepening shift to digital banking.

The lender’s latest annual report shows staff numbers fell to 942 at the close of last year, down from 1,001 in 2024, marking the 11th consecutive year of job cuts as automation reshapes operations.

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