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.

Hamburg Commercial Bank (HCOB), a German credit institution, is cutting 190 full-time positions - around one-fifth of its workforce - within the areas of structured finance, international real estate and aircraft financing.
The cuts are part of a strategic realignment following declining profits, with pre-tax profit for 2025 revised to €250 million. In the future, the focus for private customers will increasingly be on digital offerings. The jobs will be permanently eliminated, but no information is available on how the jobs will be cut.
The bank was created in 2018 through the privatisation of HSH Nordbank.
Eurofound (2025), Hamburg Commercial Bank, Internal restructuring in Germany, factsheet number 203224, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203224.