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.
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As announced on 25 July 2024, the German credit bank DKB, a subsidiary of BayernLB, plans to cut 15% of its 5,000 positions by the end of 2025. This corresponds to 600 to 700 jobs.
The bank is undergoing a transformation process. An efficiency program is intended to prevent an increase in personnel costs. This program is a response to inflation, low demand for credit, and anticipated salary increases from ongoing collective bargaining negotiations.
The bank had a total balance sheet of €134 billion in 2023.
Eurofound (2024), DKB, Internal restructuring in Germany, factsheet number 201985, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201985.