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 ...

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

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

As many as 4,000 temporary and contract DBS workers are set to lose their jobs as their terms expire and are not renewed.

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.

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

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

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