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.
British financial services provider Barclays announced to cut 3,700 jobs worldwide. The bank will cut up to 1,800 jobs at its investment bank branch and 1,900 jobs in retail and business banking. The jobs in retail and business banking will be lost in continental Europe, while the investment bank losses will take place in Europe, Asia and the United States.
Barclays current employs some 140,000 people worldwide. It is not yet clear when the restructuring will be implemented by.
Eurofound (2013), Barclays, Internal restructuring in World, factsheet number 74809, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74809.