DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of ...

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...

Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at ...

Big bank to cut 4,000 roles as AI replaces humans - Thousands of contractual and temporary employees to be affected over the ...

Singapore's largest bank, DBS, plans to reduce temporary roles over three years while creating 1,000 new AI positions as it ...

DBS reveals how AI deployment will affect its workforce with 4,000 job cuts expected; but also promises recruitment drive.

DBS Group plans to cut about 4,000 jobs over the next three years as it expects artificial intelligence (AI) to replace more ...

The statement comes a day after Bloomberg reported DBS' plans to cut 4,000 contract and temporary staff. Read more at ...

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two ...

DBS has become the first major Asian bank to say it will make significant job cuts as a result of its use of AI. The cuts come after Italy’s Intesa Sanpaolo said late last year that it could slash up ...

"Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across ...

A recent Bloomberg Intelligence report estimated that banks worldwide could cut up to 200,000 jobs in the next three to five years due to AI advancements.