London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles Business live – latest updates London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles Business live – latest updates Standard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses artificial intelligence. The London-headquartered lender is one of the first major global banks to lay out plans to cut thousands of jobs,