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Kjerstin Braathen

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DNB made NOK 9.8bn in quarterly profit. Why is AI still eliminating 400 technology roles?

DNB Bank ASA plans to eliminate around 400 full-time-equivalent roles from Technology & Services after deploying agentic artificial intelligence across customer-data controls, KYC processes and software development. Norway's largest bank is explicitly connecting AI productivity to workforce redesign, creating a clearer test of whether automation can reduce costs without weakening technology execution or regulatory controls.