"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.

Following a tense weekend in the hostage-prisoner exchange, questions arise as to whether phase two of the ceasefire deal ...

In last week’s budget speech, Prime Minister Lawrence Wong announced that the government will study the potential deployment ...

Singapore's largest bank, DBS, plans to reduce temporary roles over three years while creating 1,000 new AI positions as it ...

Singapore’s largest bank, DBS, has announced plans to cut 4,000 temporary and contract roles over the next three years as ...

Singapore's largest bank, DBS, will cut 4,000 temporary and contract jobs over three years due to AI but will create 1,000 AI ...

DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of ...

As many as 4,000 temporary and contract DBS workers are set to lose their jobs as their terms expire and are not renewed.

DBS reveals how AI deployment will affect its workforce with 4,000 job cuts expected; but also promises recruitment drive.