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Thursday, October 22, 2026Updated 11:44 UTC

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Barclays to slash 5,000 jobs in AI efficiency push

Source: CNBC · Oct 22, 2026 09:23 UTC

Rolls of U.S. dimes and nickels in paper coin wrappers — File photo dmuth / Flickr · CC BY-SA 2.0 · Source

The Quick Take

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

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