Barclays Cuts 5,000 Jobs, Cites AI Efficiency as Driver
Barclays is cutting 5,000 jobs, about 5% of its workforce, blaming AI-driven efficiency, as pre-tax profits rise 12% to £2.3 billion but miss analyst forecasts.
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AI In Banking
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Barclays is cutting 5,000 jobs, about 5% of its workforce, blaming AI-driven efficiency, as pre-tax profits rise 12% to £2.3 billion but miss analyst forecasts.