DNB to cut about 400 jobs as AI drives changes
Norway's largest bank DNB said on Tuesday it would lay off around 400 employees in its Technology & Services unit, citing increased investments in AI agents and digital solutions. DNB expects to complete the job cuts during the last three months of 2026.
GDANSK, Oct 6 (Reuters) — DNB will lay off around 400 employees in its Technology & Services unit, Norway's largest bank said on Tuesday, citing increased investments in AI agents and digital solutions that had led to changes in the organization. “AI is changing the way we work and how we deliver services to our customers", the lender's CEO Kjerstin Braathen said in a statement, adding DNB was adapting to what she called "a new reality". com)