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DNB AI agent job cuts

News Oct 6, 2026

DNB said it would cut around 400 jobs in its Technology & Services unit as it invests in AI agents and digital services, Reuters reported.

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DNB AI agent job cuts timeline

Norwegian bank DNB said it would lay off around 400 employees in its Technology & Services unit, Reuters reported on October 6. The bank linked the reorganization to increased investment in AI agents and digital services, and said AI agents had taken over some tasks previously done manually. DNB expects to complete the job cuts in the final three months of 2026, with associated costs booked in the second quarter of 2027. The announced number is an approximate plan, not a count of cuts already completed.