Barclays Plans 5,000 Job Cuts as AI Begins Delivering Efficiency Savings
The bank plans to remove about 5% of its workforce, with most cuts still ahead, as technology investment feeds into a broader effort to reduce costs.
Read the full story → · Latest coverage 22 Oct 2026, 9:03 am UTC
Key moments · 4
Barclays announces plans to cut 5,000 jobs
Bloomberg Technology ↗Report puts reductions at 5% of global staff
AI - The Guardian ↗Bank confirms 1,000 roles have already been removed
Daily Mail ↗Chief Executive places AI within wider technology investment
TechRadar ↗
