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Norway's DNB to cut around 400 jobs amid AI changes

Original: Norway's biggest bank DNB to lay off around 400 staff amid AI-driven changes

DNB, Norway's largest bank, plans to lay off around 400 employees as it restructures operations around artificial intelligence. The announcement marks one of the more significant AI-related job cuts in the Nordic banking sector, raising questions about how quickly automation is reshaping financial services jobs in Norway.

Why now: Major banks citing AI as a driver of job cuts is a sensitive and closely watched trend in the labour market.

DNBNorway

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