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 ...
Singapore's largest bank DBS to reduce 4,000 jobs amid Artificial Intelligence implementation | One of India's leading ...
"Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across ...
Piyush Gupta, the outgoing CEO of DBS, noted that the bank plans to create around 1,000 new jobs in the AI-focused sector ...
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.
In last week’s budget speech, Prime Minister Lawrence Wong announced that the government will study the potential deployment ...
Singapore Today's Lance Alexander and Daniel Martin speak with Dr Ng Weiyi, Assistant Professor from the Department of ...
A 34-year-old woman with a 2-year history of progressively worsening difficulties in walking, eating and swallowing, ...
Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at ...
DBS Bank, Singapore’s largest financial institution, is set to cut 4,000 temporary and contract positions over the next three ...
Goldman Sachs analyst maintains Buy rating and price forecast for MongoDB, following acquisition of Voyage AI for $220 ...