Norwegian bank DNB to cut 400 jobs, including some in Latvia
Norway's DNB bank has begun a reorganisation that will cost 400 people their jobs, including some staff in Latvia. The move has raised the question of whether artificial intelligence will start replacing people in the workplace.
The Norwegian bank DNB has launched a reorganisation under which 400 employees are to be dismissed. The job cuts will also affect some of the bank's staff in Latvia, and some of them will soon learn whether they will keep their positions. The news was reported on 24 October 2026 by Latvian public media LSM.
The question of artificial intelligence
Until now, many companies have used artificial intelligence tools mainly to make everyday tasks easier. As the technology develops, the question of whether AI will begin to replace people as well is becoming more pressing. The restructuring started by DNB has brought this question into focus in Latvia too.
The source gives no further details on how many employees in Latvia will be affected, which positions will be cut, or how far the decision is linked to the adoption of artificial intelligence.
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