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Thursday, October 22, 2026Updated 15:38 UTC

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

Source: NYT Business · Oct 22, 2026 12:45 UTC

Rows of NASA Pleiades supercomputer racks at Ames Research Center — File photo NASA / Dominic Hart · Public domain · Source

The Quick Take

The move is the latest illustration of a company saying it believes it can be more efficient with fewer workers because of artificial intelligence.

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