Singapore, AI and DBS Bank

Singapore’s DBS to cut 4,000 jobs, replace humans with AI
WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over the next three years. This is beca
Singapore's biggest bank cuts roles as it embraces AI
Singapore's biggest bank says it expects to cut 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans."The reduction in workforce will come from natural attrition as temporary and contract roles roll off over the next few years,
Employees at Singapore’s biggest bank are set to lose their jobs to the AI revolution — and that worries me
As many as 4,000 temporary and contract DBS workers are set to lose their jobs as their terms expire and are not renewed.
Singapore's biggest bank to cut 4,000 roles as AI replaces humans
The bank clarified that permanent staff members will not be impacted by these changes, which are part of a broader strategy to streamline operations through technology. While some jobs will be eliminated,
Major Asia bank to cut 4,000 roles as AI replaces humans
Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect temporary and contract staff,
Singapore’s Biggest Bank Plans 4,000 AI-Driven Job Cuts, Projects S$1B Gain
Singapore's DBS bank expects to cut 4,000 jobs over the next three years. The bank said it expects the positive economic impact of AI to
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Crescendo Lab Expands to Singapore to Revolutionize AI-Powered Conversational Commerce Across Southeast Asia
SINGAPORE - Media OutReach Newswire - 27 February 2025 - As Southeast Asia emerges as a hub for conversational commerce, Crescendo Lab is redefining customer engagement ...
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Qualcomm expands AI PC push in Southeast Asia, may face skepticism over Windows-on-Arm
Qualcomm hosted a summit in Singapore to introduce its new X series chips and strengthen its presence in Southeast Asia.
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 plans to reduce its headcount by 4,000 over the next three years, with outgoing CEO Piyush Gupta arguing that AI can help ...
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AI expansion means big changes for Singapore’s bigget bank
DBS says it'll cut 4,000 jobs over the next three years as AI takes on more work.
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AI algorithm speeds up knee replacement surgery in Singapore
Faster, more effective knee replacement surgery is now available in a Singaporean hospital with new artificial intelligence ...
OCBC CEO Helen Wong thinks AI will create more banking jobs
As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two ...
Billionaire Robert Kuok’s Grandson Drives $10 Billion On AI Data Centers
Kuok Meng Wei’s K2 Strategic aims to have investments of up to $10 billion to keep the business group relevant in the digital ...
Singapore: AI taking over jobs
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 ...
Exclusive: Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models, sources say
Some of Europe's most popular AI-linked stocks fell for a second day on Tuesday, after an analyst note late last week that ...
Designs.ai Introduces AI Design - Revolutionizing Creativity with Intelligent Automation
SINGAPORE, SINGAPORE / ACCESS Newswire / February 26, 2025 / Designs.ai, a leading AI-powered creative suite under the Pixlr ...