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.
Credit Suisse Group is set to cut 500 jobs from its investment banking arm. The move comes after the global lending crisis slowed demand for some of the services on offer. The investment banking division saw returns falling from US $653m to $5.1m last year largely as a result of the 'subprime' mortgage crisis in the United States.
Eurofound (2008), Credit Suisse, Internal restructuring in World, factsheet number 66232, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66232.