Business

Barclays Job Cuts Amid AI Push

Updated 2026-10-22 07:50 UTC 1 source Negative

U.K. bank Barclays announced plans to cut 5,000 jobs as part of an efficiency drive using artificial intelligence. The move aims to streamline operations and reduce costs.

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CNBC

Barclays to slash 5,000 jobs in AI efficiency push

U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.

2026-10-22 07:41 UTC