Reuters
20 May 2026, 04:33 UTC · 1d ago
Source · https://www.reuters.com/business/world-at-work/singapore-urges-financial-firms-use-ai-create-better-jobs-2026-05-20/
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Singapore's Deputy Prime Minister urged banks and financial firms to use AI for job creation and worker upskilling rather than focusing solely on cost-cutting. — Government pressure to prioritize employment over aggressive AI-driven headcount reduction may limit the immediate margin expansion banks can achieve through operational efficiency.
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