Will handle changes with care: Standard Chartered CEO after layoffs remark backlash

A day after saying Standard Chartered would cut thousands of jobs by replacing "lower-value human capital" with technology, CEO Bill Winters sought to calm employee concerns. "[Remark] may be unsettling when reduced to simple headlines or...quote out of context," he said. "Some roles ‌will ⁠reduce in number…Where changes do happen, we will handle them with thought and care," he added.