DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles
Banks to cut up to 200,000 jobs worldwide within 5 years
DBS Group Holdings Ltd. plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings. Southeast Asia’s largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a […]
