NEWSLETTER

Sign up to read weekly email newsletter
Asia Tech Times
Donate
Search
  • Home
  • Breaking News
  • Business
  • Finance
  • Medical
  • Political
Reading: Singapore Financial Institution to Cut 4,000 Duties as Use AI Rises
Share
Font ResizerAa
Asia Tech TimesAsia Tech Times
  • Finance
  • Technology
Search
  • Home
  • Categories
    • Finance
    • Technology
  • More Foxiz
    • Blog Index
    • Forums
    • Complaint
    • Sitemap
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Finance

Singapore Financial Institution to Cut 4,000 Duties as Use AI Rises

By Asia Tech Times
Last updated: 08/04/2025
13 Min Read
Share

Singapore’s biggest financial institution DBS claimed expert system (AI) is anticipated to have a considerable influence on work duties and work in the coming years, and the financial institution apparently “has actually remained in AI for greater than a years.”

A BBC record claims that as AI participates in even more work, regarding 4,000 duties are anticipated to be let go in the following 3 years.

” As momentary and agreement duties stand apart in the coming years, the decrease in labor will certainly originate from all-natural loss,” a DBS representative claimed.

DBS, that includes 8,000 to 9,000 momentary or agreement employees, consisting of 8,000 to 9,000 momentary or agreement employees, additionally anticipates to employ around 1,000 individuals to execute AI-related employee. brand-new work.

read Complete record: BBC Information

See additionally:

In a roadside discussion in between Trump

Everybody that questions NVIDIA chips on AI Investment requires it

China’s DeepSeek rock United States technology titan’s “AI advancement”

Bytedance’s strategy to have an AI facilities strategy of $20 billion this year.

Biden limits accessibility to AI chips for united state firms and their allies

Singapore’s GIC cuts Chinese financial investment after Xi Jinping – 沪公司

Jim Pollard

Jim Pollard has actually been an Australian reporter in Thailand because 1999. He helped Information Ltd in Sydney, Perth, London and Melbourne, and afterwards passed SE Asia in the late 1990s. He has actually been an elderly editor in the USA for 17 years.

TAGGED:BankcutrisesrolesSINGAPORE

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print

SUBSCRIBE NOW

Subscribe to our newsletter to get our newest articles instantly!

HOT NEWS

K-Pop K-Drama ‘Springtime Of Young People’ Offers Songs, Love And An Enigma

Ha Yoo-Joon, Park Ji-Hu and Lee Seung-Hyub are celebrities in “Young people Springtime”. viki.com Young…

11/05/2025

China’s CATL Really feels the Pinch of a Lithium Cost Downturn it Developed

Years of long-lasting decreases in lithium costs are currently beginning to take a toll on…

19/03/2025

OpenAI strategies Sora video clip generator combination right into ChatGPT

Sora was released in December 2024 as a standalone internet application, making it possible for…

19/03/2025

YOU MAY ALSO LIKE

China summons Walmart over vendor prices reduced amidst tolls

Walmart’s prices stress on Chinese vendors is under examination as a result of trade stress.

Business
04/05/2025

Congress to vote on new restrictions on U.S. investment in China

Lawmakers revealed this week that the U.S. Congress will vote on a new law restricting U.S. investment in China. They…

Finance
10/05/2025

Singapore, Vietnam open brand-new centre for local medical care cooperation

Sign Up With the Health Care Asia Publication Area. Because you’re right here … … You can advertise your firm…

Medical
21/03/2025

China’s Xi fulfills leading technology principals, Baidu shares slide as chief executive officer missing

Chinese Head of state Xi Jinping held an uncommon conference with a few of the biggest innovation leaders on Monday,…

Finance
17/04/2025

Asia Tech Times (ISSN: 3079-8566) stands as a preeminent authority in technology journalism, delivering profound insights and strategic intelligence on the technological advancements shaping the Asia-Pacific region and beyond. Renowned for its depth of analysis and editorial excellence, the publication serves as a critical nexus for industry leaders, policymakers, scholars, and innovators navigating the evolving digital landscape.

  • Jobs Board
  • About Us
  • Contact Us
  • Privacy Policy
  • Exclusives
  • Learn How
  • Support
  • Solutions
  • Terms And Conditions
  • Editorial Policy
  • Marketing Solutions
  • Industry Intelligence

Follow US: 

Copyright © 2025 Asia Tech Times. All Rights Reserved.

All content published by Asia Tech Times (ISSN: 3079-8566), including but not limited to articles, reports, editorials, graphics, images, logos, and digital media, is the exclusive intellectual property of Asia Tech Times and is protected under international copyright laws and treaties.

Asia Tech TimesAsia Tech Times
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?