AI, DBS

DBS set to cut 4,000 temporary jobs over 3 years due to AI, CEO says
DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to increasingly take on roles carried out by humans, Chief Executive Officer Piyush Gupta said on Monday.
DBS Plans 4,000 Job Cuts as AI Takes Over Key Tasks
Singapore's largest bank, DBS, plans to reduce temporary roles over three years while creating 1,000 new AI positions as it transforms operations
Daily Cuts - 4000 jobs leaving DBS due to AI
Singapore Today's Lance Alexander and Daniel Martin speak with Dr Ng Weiyi, Assistant Professor from the Department of Strategy and Policy at the NUS Business School on DBS Group's latest announcements on its plans to cut 4,
DBS Group set to cut 4,000 contract, temporary jobs in next 3 years
DBS Group said on Monday it plans to cut 4,000 of its contract and temporary staff workforce as it expects artificial intelligence (AI) increasingly take on roles carried out by humans. In a response to a Bloomberg query,
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 artificial intelligence increasingly takes on roles carried out by human beings.
DBS, Southeast Asia’s largest bank, is cutting 4,000 temp roles due to AI: ‘For the first time, I’m struggling to create jobs’
DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of Singapore’s Big Three banks to suggest how AI will aff
DBS Group Set to Cut 4,000 Jobs in Next 3 Years, CEO Says
Mumbai (Reuters) - DBS Group plans to cut 4,000 jobs over the next three years as it expects artificial intelligence (AI) to increasingly take on roles carried out by humans, Chief Executive Officer Piyush Gupta said on Monday.
13,000 DBS staff to learn AI, data skills amid bank’s plans to cut 4,000 workers over 3 years
The statement comes a day after Bloomberg reported DBS' plans to cut 4,000 contract and temporary staff. Read more at ...
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DBS Bank: The Future of the India – Singapore Partnership
The fireside chat between Tan Su Shan, Deputy CEO, DBS Group and Shereen Bhan, Managing Editor of CNBC-TV18 at the recently ...
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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.
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DBS CEO Sees Job Cuts of 4,000 Temp Staff as AI Replaces Roles
DBS Group Holdings Ltd. plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by ...
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DBS and CGSI anticipate Genting Singapore 3QFY2025 earnings pick up with attraction and retail reopenings
Genting Singapore’s adjusted earnings before interests, taxes and depreciation (ebitda) improved 7.6 percentage points (ppts) ...
DBS Remains a Hold on Delfi (PEFDF)
DBS analyst Zheng Feng Chee maintained a Hold rating on Delfi (PEFDF – Research Report) today and set a price target of S$0.80. The company’s ...
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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 ...