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 ...

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

A previous report from the World Economic Forum that was released this year revealed that 41% of employers plan to downsize ...

A Bloomberg Intelligence report last month said global banks were expected to cut as many as 200,000 jobs in the next three ...

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.

Singapore’s biggest bank DBS will cut 4,000 roles as AI automates several tasks. DBS, Singapore’s biggest bank, has announced plans to cut 4,000 temporary and contract roles over the next three years.

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

SINGAPORE’S largest bank DBS has announced plans to cut 4,000 jobs over the next three years as artificial intelligence (AI) takes over more work done by humans. DBS chief executive officer Piyush ...

DBS Bank, Singapore’s largest financial institution, is set to cut 4,000 temporary and contract positions over the next three ...

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 ...