DNB plans to cut about 400 jobs in Technology & Services overhaul
Bitget2026/10/06 07:01DNB will cut about 400 full-time roles in its Technology & Services unit as part of a restructuring tied to AI-driven efficiency gains. The plan targets work previously done manually, including KYC-related processes, customer data control, software development, and coding. Restructuring costs will be booked in Q4 2026; downsizing is set to finish in Q4 2026. Cost savings are expected to be fully reflected from Q2 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DnB Bank ASA published the original content used to generate this news brief via Cision (Ref. ID: 202610060300BITN____UKPR__EN_20261006-BIT-9476-0) on October 06, 2026, and is solely responsible for the information contained therein.
- DNB will cut about 400 full-time roles in its Technology & Services unit as part of a restructuring tied to AI-driven efficiency gains.
- The plan targets work previously done manually, including KYC-related processes, customer data control, software development, and coding.
- Restructuring costs will be booked in Q4 2026; downsizing is set to finish in Q4 2026.
- Cost savings are expected to be fully reflected from Q2 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

Quantumrail Cancels 10 Billion Won Convertible Bond Offering
