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Thursday, October 22, 2026Updated 11:44 UTC

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Barclays cutting 5,000 jobs as it increases reliance on AI

Source: BBC Business · Oct 22, 2026 08:58 UTC

Old brick industrial warehouse with fire escapes in warm light — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The bank says it is using more AI leading to a 5% reduction in its workforce.

Read the full story at BBC Business

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to BBC Business.