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 ...
DBS to cut 4,000 temporary jobs over next 3 years; 1,000 new jobs to be added in AI: CEO
DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...
The Jakarta Post7h
AI to replace 4,000 jobs at DBS, Southeast Asia's largest bank
"Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across ...
DBS expects to shrink contract and temp jobs by 4,000 over next 3 years as AI replaces roles
Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at ...
fintechmagazine21h
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 ...
Latest on SAYS10h
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.
Big bank to cut 4,000 roles as AI replaces humans
A Bloomberg Intelligence report last month said global banks were expected to cut as many as 200,000 jobs in the next three ...
hcamag.com20h
DBS Bank to reduce workforce by 10% due to AI: reports
A previous report from the World Economic Forum that was released this year revealed that 41% of employers plan to downsize ...
AI Set To Replace Humans In 4000 Roles In Southeast Asia's Largest Bank
The International Monetary Fund (IMF) has warned that AI is likely to affect nearly 40% of all jobs worldwide.