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 ...

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.

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

A previous report from the World Economic Forum that was released this year revealed that 41% of employers plan to downsize ...

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

DBS Bank, Singapore’s largest financial institution, is set to cut 4,000 temporary and contract positions over the next three ...

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

Singapore Today's Lance Alexander and Daniel Martin speak with Dr Ng Weiyi, Assistant Professor from the Department of ...

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

Singapore's biggest bank says it expects to cut 4,000 roles over the next three years because of AI. DBS bank expects AI to take on more roles carried out by humans. In Bahrain, the international ...