Ethics in the digital workplace
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
UBS Investment Bank has announced that it is to cut up to 8,000 jobs worldwide due to the first quarter 2008 losses amounting to approximately USD 19 billion. The restructuring will affect mostly employees in the United Stated and Great Britain. As of May 2008, there is no information on when the jobs will be implemented by.
Eurofound (2008), UBS Investment Bank, Internal restructuring in World, factsheet number 66616, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66616.