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  "path": "/uk/analysis/2026/05/22/ai-cutting-jobs/",
  "publishedAt": "2026-05-21T23:04:29.000Z",
  "site": "https://www.thecanary.co",
  "tags": [
    "Analysis",
    "UK",
    "economics",
    "James Wright"
  ],
  "textContent": "British banking giant Standard Chartered could cut more than 7,500 jobs and replace them with AI and automation. More broadly, analysis from Morgan Stanley has found that UK companies that had used AI for a least a year had net losses of 8% of jobs over only the last 12 months. This was the highest […]\n\nBy James Wright",
  "title": "British banking giant to cut 15% of jobs to AI. The left needs a vision for tech."
}