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The Independent UK
The Independent UK
Alisha Rahaman Sarkar

Big bank to cut 4,000 roles as AI replaces humans

Piyush Gupta DBS
A DBS logo is displayed on a building in Singapore - (AFP via Getty)

Singapore’s biggest bank plans to cut 4,000 jobs as it expects artificial intelligence to take on more work currently done by human employees.

The chief executive of the Development Bank of Singapore said the job cuts would be phased out over the next three years.

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