DNB to cut about 400 tech and service jobs as AI reshapes operations
DNB announced it will eliminate roughly 400 positions in its technology and services divisions, citing a shift toward artificial intelligence.
The Norwegian bank DNB disclosed plans to remove around 400 jobs across its tech and service areas. Management said the move reflects the growing impact of artificial intelligence on how the bank works and serves customers. CEO Kjerstin Braathen emphasized a responsible restructuring process for affected staff. The cuts are slated for completion by the fourth quarter of 2026.
Why it matters
The cuts affect hundreds of workers and signal how AI is reshaping employment in major financial institutions.
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