Job Cuts Will Be Small, Says Standard Chartered’s CEO

What is the primary focus of Standard Chartered's ongoing transformation?

• Reducing customer service

• Automating processes and digitization

• Increasing physical branches

• Expanding into new markets

How is Standard Chartered ensuring employees thrive within the organization?

• By providing reskilling opportunities

• By increasing vacation days

• By offering higher salaries

• By reducing working hours

What assurance is given to employees regarding their pay in 2020?

• They will get stock options

• They will not miss a paycheck

• They will receive bonuses

• They will have reduced salaries

What is the expected impact on job roles due to the transformation?

• Complete job security

• Minimal redundancies

• Massive hiring

• Significant job cuts

What is the bank's strategy for employees who cannot be redeployed?

• They will be offered new roles

• They will be given unpaid leave

• They will be given full salary for 2020

• They will be transferred to other banks