Standard Chartered Cuts 20 Jobs, Migrates Some Operations To Asia

It is reported that the Bank has already issued a circular that resulted in the cutting of 20 jobs at a Harare based unit.

Hapanyengwi opined that outsourcing some activities to the parent’s global business services division is aimed at trimming costs as more customers embrace digital banking. She also said that the Bank would “redeploy impacted staff wherever possible.”