Barclays plans to cut 5,000 jobs, representing 5% of its global workforce, as part of cost-cutting measures driven by productivity gains from AI.
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🤖 Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profitsBusiness live – latest updatesBarclays is cutting 5,000 jobs as part of wider cost-cu... 📰 Source: AI (artificial intelligence) | The Guardian 🔗 Archive: https://web.archive.org/web/https://www.theguardian.com/business/2026/oct/22/barclays-profits-up-as-uk-banks-brace-for-tax-increase-in-budget # AI # ArtificialIntelligence
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