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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 1.74k views

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

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

Workplace Insights

24 Feb 2025 04:05 AM 1.73k views

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

Workplace Insights

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

Recruitment Overview: PNB has started the recruitment process for the position of Internal Ombudsman. A total of 2 positions are available. The application deadline is February 22, 2025. The position is contractual, with a fixed term of three years. Selection Procedure: Selection will be based on a

Careers

05 Feb 2025 10:48 AM 3.79k views

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

Recruitment Overview: PNB has started the recruitment process for the position of Internal Ombudsman. A total of 2 positions are available. The application deadline is February 22, 2025. The position is contractual, with a fixed term of three years. Selection Procedure: Selection will be based on a

Careers

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

The H-1B visa is a temporary work permit issued by the U.S. to foreign nationals with specialized skills in fields like technology, engineering, medicine, and finance. Initially granted for three years, the visa can be extended up to six years, with the possibility of indefinite renewals for those pursuing permanent residency through a Green Card. The visa provides a vital bridge for skilled workers to join U.S. companies facing talent shortages. The application process for the H-1B

Visa & Immigration

31 Dec 2024 10:04 AM 1.18k views

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

The H-1B visa is a temporary work permit issued by the U.S. to foreign nationals with specialized skills in fields like technology, engineering, medicine, and finance. Initially granted for three years, the visa can be extended up to six years, with the possibility of indefinite renewals for those pursuing permanent residency through a Green Card. The visa provides a vital bridge for skilled workers to join U.S. companies facing talent shortages. The application process for the H-1B

Visa & Immigration

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

IIT Kanpur has achieved remarkable results in the first phase of campus placements for the 2024-25 batch, with 1,109 job offers made between December 1 and 15. These offers include both campus placements and Pre-Placement Offers (PPOs) across various industries. International job offers have increased significantly, with 28 offers—a 27% rise compared to last year. This surge is attributed to growing student interest in core industries, with Bharat Petroleum Corporation Limited

Careers

23 Dec 2024 09:09 AM 1.21k views

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

IIT Kanpur has achieved remarkable results in the first phase of campus placements for the 2024-25 batch, with 1,109 job offers made between December 1 and 15. These offers include both campus placements and Pre-Placement Offers (PPOs) across various industries. International job offers have increased significantly, with 28 offers—a 27% rise compared to last year. This surge is attributed to growing student interest in core industries, with Bharat Petroleum Corporation Limited

Careers

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

The increasing integration of technology into workstreams is reshaping traditional job roles, with AI, machine learning, and analytics leading the charge. According to a recent report by Indeed and Nasscom, cybersecurity has emerged as the second-most sought-after domain, surpassing cloud technology. The report identifies the top five in-demand job roles as data scientist/analyst, AI/ML expert, cybersecurity specialist, cloud architect/engineer, and DevOps engineer. HR leaders empha

Finance & Economics

10 Dec 2024 04:16 AM 1k views

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

The increasing integration of technology into workstreams is reshaping traditional job roles, with AI, machine learning, and analytics leading the charge. According to a recent report by Indeed and Nasscom, cybersecurity has emerged as the second-most sought-after domain, surpassing cloud technology. The report identifies the top five in-demand job roles as data scientist/analyst, AI/ML expert, cybersecurity specialist, cloud architect/engineer, and DevOps engineer. HR leaders empha

Finance & Economics

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

In a historic move, Chief Minister Chandrababu Naidu has embarked on his fourth term with a robust agenda for Andhra Pradesh. The recent approval of six transformative policies aims to establish the state as a leading industrial hub in India, focusing on job creation and entrepreneurship. The policies are: AP Industrial Development Policy 4.0 (AP IDP 4.0) AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0)

Political News

17 Oct 2024 04:57 AM 1.41k views

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

In a historic move, Chief Minister Chandrababu Naidu has embarked on his fourth term with a robust agenda for Andhra Pradesh. The recent approval of six transformative policies aims to establish the state as a leading industrial hub in India, focusing on job creation and entrepreneurship. The policies are: AP Industrial Development Policy 4.0 (AP IDP 4.0) AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0)

Political News

Articles

Over $1B in unpaid traffic fines in D.C. prompts year-long enforcement operation

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Harris Faces Party Divisions as She Chooses a Running Mate

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

Iran conflict expands across Gulf as Trump addresses rising oil price concerns

Dangerous air from Canada wildfires blankets U.S. Midwest, travels as far as Europe

Chandrababu Naidu Launches ‘Swachh Andhra Pradesh’ on Second Saturdays

Oil Surges, Asian Markets Sink Amid Iran-US Tensions

The Complete Valentine’s Week 2025 Calendar: 7 Days to Remember

EU and India deepen strategic ties with trade pact, Costa calls it personal moment

#job-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

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

Over $1B in unpaid traffic fines in D.C. prompts year-long enforcement operation

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Harris Faces Party Divisions as She Chooses a Running Mate

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

Iran conflict expands across Gulf as Trump addresses rising oil price concerns

Dangerous air from Canada wildfires blankets U.S. Midwest, travels as far as Europe

Chandrababu Naidu Launches ‘Swachh Andhra Pradesh’ on Second Saturdays

Oil Surges, Asian Markets Sink Amid Iran-US Tensions

The Complete Valentine’s Week 2025 Calendar: 7 Days to Remember

EU and India deepen strategic ties with trade pact, Costa calls it personal moment

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Over $1B in unpaid traffic fines in D.C. prompts year-long enforcement operation

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Harris Faces Party Divisions as She Chooses a Running Mate

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

Iran conflict expands across Gulf as Trump addresses rising oil price concerns

Dangerous air from Canada wildfires blankets U.S. Midwest, travels as far as Europe

Chandrababu Naidu Launches ‘Swachh Andhra Pradesh’ on Second Saturdays

Oil Surges, Asian Markets Sink Amid Iran-US Tensions

The Complete Valentine’s Week 2025 Calendar: 7 Days to Remember

EU and India deepen strategic ties with trade pact, Costa calls it personal moment

#job-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

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

Trump Administration Cuts 2,000 USAID Jobs, Places Thousands on Leave

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

PNB Recruitment 2025: Apply for Internal Ombudsman Posts

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

H-1B Visa: A Key Pathway for Skilled Professionals to Work in the U.S.

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

IIT Kanpur Sees Over 1,100 Job Offers in First Phase of 2024-25 Placements

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

Chandrababu Naidu Launches Landmark Policies for Andhra Pradesh's Industrial Transformation

Over $1B in unpaid traffic fines in D.C. prompts year-long enforcement operation

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Harris Faces Party Divisions as She Chooses a Running Mate

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

Iran conflict expands across Gulf as Trump addresses rising oil price concerns

Dangerous air from Canada wildfires blankets U.S. Midwest, travels as far as Europe

Chandrababu Naidu Launches ‘Swachh Andhra Pradesh’ on Second Saturdays

Oil Surges, Asian Markets Sink Amid Iran-US Tensions

The Complete Valentine’s Week 2025 Calendar: 7 Days to Remember

EU and India deepen strategic ties with trade pact, Costa calls it personal moment

Popular Cities