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DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS Group, Southeast Asia’s largest bank, has announced plans to reduce its workforce by 4,000 employees over the next three years due to the increasing adoption of artificial intelligence (AI) and automation in banking operations. The move, confirmed by outgoing CEO Piyush Gupta, signals a major transformation in the financial sector, where AI-driven efficiencies are gradually replacing traditional job roles. Speaking at an industry conference in Mumbai, Gupta r

Business

25 Feb 2025 08:51 AM 1.84k views

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

Business

RBI Receives Bomb Threat via Email in Russian

On Thursday, the Reserve Bank of India (RBI) received a bomb threat via email, which was written in Russian. The threat, sent to the RBI's official website, claimed that the bank would be blown up. Following the threat, a case was registered at the Mata Rambai Marg (MRA Marg) police station in Mumbai, and an investigation has been launched. This incident comes after a similar threat was made to the RBI through its customer care number on November 16, with the caller claiming to

General

13 Dec 2024 07:27 AM 1.01k views

RBI Receives Bomb Threat via Email in Russian

General

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#email-automation

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

RBI Receives Bomb Threat via Email in Russian

RBI Receives Bomb Threat via Email in Russian

Study Links Lotions and Sunscreens to Hormonal Disruptions in Children

RR vs MI IPL 2026: Sooryavanshi and Jaiswal power Rajasthan start

Trump Faces Nvidia Stock Corruption Claims May 2026

US HIRE Act Threatens Major Setback for India’s IT Outsourcing Industry

Rahul Gandhi Slams Arvind Kejriwal, Calls Him 'Architect of Liquor Scam' Ahead of Delhi Elections

"Hamida Banu's 23-Year Separation and Reunion with Family in India"

Trump’s Flight to Davos Interrupted by Aircraft Technical Issue

Should NRIs Buy a Home in the First Year? Pros & Cons

Trump drug pricing deals seen as limited relief for most U.S. patients

YS Sharmila Challenges Jagan on Adani Bribery Allegations

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Study Links Lotions and Sunscreens to Hormonal Disruptions in Children

RR vs MI IPL 2026: Sooryavanshi and Jaiswal power Rajasthan start

Trump Faces Nvidia Stock Corruption Claims May 2026

US HIRE Act Threatens Major Setback for India’s IT Outsourcing Industry

Rahul Gandhi Slams Arvind Kejriwal, Calls Him 'Architect of Liquor Scam' Ahead of Delhi Elections

"Hamida Banu's 23-Year Separation and Reunion with Family in India"

Trump’s Flight to Davos Interrupted by Aircraft Technical Issue

Should NRIs Buy a Home in the First Year? Pros & Cons

Trump drug pricing deals seen as limited relief for most U.S. patients

YS Sharmila Challenges Jagan on Adani Bribery Allegations

#email-automation

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

DBS to Cut 4,000 Jobs Over AI Automation, Plans 1,000 New AI Roles as Banking Industry Transforms

RBI Receives Bomb Threat via Email in Russian

RBI Receives Bomb Threat via Email in Russian

Study Links Lotions and Sunscreens to Hormonal Disruptions in Children

RR vs MI IPL 2026: Sooryavanshi and Jaiswal power Rajasthan start

Trump Faces Nvidia Stock Corruption Claims May 2026

US HIRE Act Threatens Major Setback for India’s IT Outsourcing Industry

Rahul Gandhi Slams Arvind Kejriwal, Calls Him 'Architect of Liquor Scam' Ahead of Delhi Elections

"Hamida Banu's 23-Year Separation and Reunion with Family in India"

Trump’s Flight to Davos Interrupted by Aircraft Technical Issue

Should NRIs Buy a Home in the First Year? Pros & Cons

Trump drug pricing deals seen as limited relief for most U.S. patients

YS Sharmila Challenges Jagan on Adani Bribery Allegations

Popular Cities