Barclays to Cut 5,000 Jobs as AI Drives £1.1bn Savings Plan
Barclays will cut 5,000 jobs, about 5% of its 93,000 staff, as AI-driven cost plans target £1.1bn of savings in 2027 alongside £2.3bn in quarterly profits.
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Cost Savings
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Barclays will cut 5,000 jobs, about 5% of its 93,000 staff, as AI-driven cost plans target £1.1bn of savings in 2027 alongside £2.3bn in quarterly profits.