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

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...

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.

WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over ...

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

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

Although the bank, which currently employs around 41,000 people, did not provide further details on where the jobs are ...

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 ...

Even as companies replace human employees with Artificial Intelligence, validating fears of “AI will take our jobs”, new jobs ...