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.
RBS has announced plans to cut 500 jobs as a part of a three-year restructuring plan. The jobs will go from its wealth management division which employs about 3,500 staff across the UK. RBS stated that it would try to minimise compulsory redundancies. The bank has been trying to cut costs since the massive government bail-out to save it from collapse in 2007.
Eurofound (2010), Royal Bank of Scotland, Internal restructuring in United Kingdom, factsheet number 70618, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70618.