Barclays bank to cut about 5,000 jobs amid AI drive
British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global workforce, by the end of 2026 in an AI efficiency drive. The announcement came alongside an earnings update that showed Barclays’ net profit grew 13 percent in the third quarter, fuelled by surging income across its equities […]
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