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    Barclays cutting 5,000 jobs as it increases reliance on AI | BBC News

    BBC News
    October 22, 2026
    via BBC News

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    Barclays cutting 5,000 jobs as it increases reliance on AI | BBC News

    Barclays is cutting its staff by around 5,000 as it is increasing reliance on artificial intelligence (AI). The banking group expects to close what amounts to 5% of its global workforce by the end of this year. The bank's cost reductions are focused on its UK retail bank, but

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