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.
Nomura bank has announced that it is to cut at least 200 jobs in London. The cuts form part of a GBP 1 Billion cost saving programme that the bank launched earlier this month.
The company blames the job losses on a slow down in the volume of business. According to media reports the bank might relocate its international headquarters to Asia or New York.
Eurofound (2012), Nomura, Internal restructuring in United Kingdom, factsheet number 74204, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74204.