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Norway

226 posts
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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.
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Telia wants SEK 1bn of savings. Can fewer central roles make the telecom group faster?

Telia Company AB plans to eliminate around 900 positions across its Nordic and Baltic operations by year-end while transferring another 220 roles closer to national businesses. The SEK 1 billion annual cost programme is designed to simplify decision-making and improve cash flow, but the restructuring comes while revenue, EBITDA and customer metrics have already been improving.