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Bangkok Post
Bangkok Post
Business

SCB relying on attrition to reduce its headcount

SCB's vision was announced in 2020, with employee numbers set to be reduced as it shifts towards the digital age.

Siam Commercial Bank (SCB) has no plans to recruit new employees to replace staff leaving through attrition, targeting a workforce of around 15,000 employees by the end of next year.

Following a recent meeting between the bank's management and the SCB labour union, the bank expects its total workforce to decline to around 15,000 by 2027, according to a post on the union's Facebook page.

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