Business Times2d
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut about 4,000 of its contract and temporary staff workforce over the next three years as ...
Fintech Singapore1d
DBS CEO Piyush Gupta Highlights Struggle to Create Jobs in AI Era
Piyush Gupta said it is the first time in his 15-year tenure that he has struggled to identify new roles for job creation in ...
Latest on SAYS56m
DBS Bank To Replace 4,000 Jobs With AI Over 3 Years
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.
fstech4h
DBS says it will ‘replace 4,000 jobs’ with AI
Although the bank, which currently employs around 41,000 people, did not provide further details on where the jobs are ...
The Edge Singapore11d
Piyush Gupta, having delivered returns of more than 600%, says DBS is in good hands with incoming CEO Tan Su Shan
As CEO, Tan said she wants to be a leader who is “conscious of the macro movement”, be “risk aware” and “be ahead of the ...
Hosted on MSN1d
DBS to trim headcount by 10%
Singaporean lender DBS Group is set to reduce its employee headcount by 10% over the next three years as it incorporates AI ...
CCN on MSN1d
Singapore’s Biggest Bank Plans 4,000 AI-Driven Job Cuts, Projects S$1B Gain
Singapore's DBS bank expects to cut 4,000 jobs over the next three years. The bank said it expects the positive economic ...