DBS Bank, AI and Singapore

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 take on responsibilities previously carried out by human employees. Gupta revealed the plan at an IT event in India,
Banking Jobs at Risk? Singapore's Largest Bank DBS To Cut 4,000 Roles Amid AI Boom
As AI booms, Singapore's Largest Bank plans to reduce its workforce by 4,000 roles in three years through natural attrition of temporary staff but will create 1,000 new AI jobs. Will this tech-driven shift revolutionize banking or widen the economic gap?
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,
AI to replace 4,000 jobs in Singapore's largest bank DBS
A Bloomberg Intelligence report last month said banks worldwide will cut as many as 200,000 positions in the next three to five years due to AI
Singapore’s Biggest Bank DBS Will Cut 4,000 Roles Due To AI Shift
Singapore’s biggest bank DBS will cut 4,000 roles as AI automates several tasks. DBS, Singapore’s biggest bank, has announced plans to cut 4,000 temporary and contract roles over the next three years.
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.
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
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.

DeepSeek Reopens AI Model Access

中国日报网4h
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 ...
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 ...
Personnel Today16h
Singapore’s biggest bank slashes 10% of its workforce due to AI
Singapore-based DBS Group is cutting its headcount by 10% as artificial intelligence (AI) takes on more human work.
The Edge Singapore7d
Budget 2025: Singapore pledges $150 million to boost enterprise AI adoption
Singapore will allocate up to $150 million for a new Enterprise Compute Initiative, enabling eligible businesses to ...