SCB to reduce headcount through attrition, targeting 15,000 by 2027
Business

SCB to reduce headcount through attrition, targeting 15,000 by 2027

Siam Commercial Bank (SCB) plans to reduce its workforce to around 15,000 employees by the end of 2027 by not recruiting new staff and relying on attrition. This move is seen as a response to technological advancements and increasing competition in the banking sector.

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