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
Singapore’s DBS to cut 4,000 jobs, replace humans with AI
Development Bank of Singapore (DBS) says it will be laying off 4,000 people over the next three years to employ AI.
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,
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 our 19 markets working on specific projects," a spokesperson from the Singapore bank told AFP on Tuesday,
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
Oklahoma Spring Depth Chart Preview: DBs Are Loaded With Experience, Talent
The Sooners lost a veteran corner and a safety, but there are plenty of capable replacements, including two starters coming ...
Latest on SAYS6h
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.
Saints Wire1d
Saints could target two Texas DBs in draft after Terry Joseph hire
The New Orleans Saints could target two Texas defensive backs in the draft after hiring Terry Joseph. Get to know Jahdae ...
cnbctv1812h
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 ...
DBS Reaffirms Their Buy Rating on PropNex Ltd. (OYY)
DBS analyst Tabitha Foo maintained a Buy rating on PropNex Ltd. (OYY – Research Report) today and set a price target of S$1.25. The company’s ...
Medscape2d
FDA OKs First Adaptive DBS System for Parkinson’s Disease
The closed-loop system dynamically self-adjusts DBS therapy to individual brain activity in real time, providing personalized ...
GlobalData on MSN2d
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 ...
DBS Keeps Their Buy Rating on HSBC Holdings (HSBA)
In a report released today, Manyi Lu from DBS reiterated a Buy rating on HSBC Holdings (HSBA – Research Report), with a price target of ...