Barclays cutting 5,000 jobs in AI-led efficiency drive
5 sources·Updated October 22, 2026
Barclays job cuts
Covered by 5 sources
- The West Business·7h agoAI reignites fears of workplace wipeout across the banking sector as lenders slash thousands of roles
Barclays’ plan to cut 5000 jobs has put fresh focus on how quickly AI could reshape banking, as Australian lenders also slash roles while chasing productivity gains.
Read at The West Business → - BBC Business·19h agoBarclays cutting 5,000 jobs as it increases reliance on AI
The bank says it is using more AI leading to a 5% reduction in its workforce.
Read at BBC Business → - Guardian Tech·19h agoBarclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Business live – latest updates Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI. The job cuts…
Read at Guardian Tech → - Sky News Home·20h agoBarclays cutting 5,000 jobs in AI-led efficiency drive
Barclays has revealed it is cutting 5,000 jobs - 5% of its workforce - as part of efforts to save costs and drive efficiency through investment in artificial intelligence (AI).
Read at Sky News Home →
