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Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs

Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs
NYT Business Thursday 22 October 2026, 12:45 UTC By James Paton 1 min read
Key Points

Barclays is cutting 5 percent of its work force as banks turn to A.I., amid growing pressure to prove the technology can bolster productivity and profits.

Barclays is cutting 5 percent of its work force as banks turn to A.I., amid growing pressure to prove the technology can bolster productivity and profits.
Barclays to Cut 5,000 Jobs (ORG) A.I. (ORG)
Originally published by NYT Business Read original →

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