Barclays to cut 5,000 jobs this year as AI makes work more efficient
The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025. | ITV National News Barclays has revealed it expects to have cut around 5,000 staff by the end of 2026 after turning to artificial intelligence (AI) to make the bank more efficient. The banking group said this is the equivalent of about 5% of all its employees, which to
Barclays expects to have cut about 5% of its workforce, around 5,000 staff, by the end of 2026 after turning to AI to run more efficiently.
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- JournalismITV News2026-10-22
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Truvace Impact Record TRV-2026-2194, v1: “Barclays to cut 5,000 jobs this year as AI makes work more efficient.” Truvace, 2026-10-22. /record/TRV-2026-2194 (accessed at citation time). sha256 e6a72a7c38305681…
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