Barclays to cut 5,000 jobs as bank steps up AI adoption

Financial Times: The cuts equate to about 5 per cent of Barclays’ workforce, the bank said on Thursday, and are part of a broader cost-cutting programme.

About 60 per cent of the cuts would be in support functions as “AI makes our people more productive”, the bank said…

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
×