Barclays to cut 5,000 jobs amid AI efficiency push and market volatility
Briefing by News4U · First published
Barclays plans to cut 5,000 jobs, about 5% of its workforce, citing AI-driven efficiencies.
Bloomberg reported that Barclays said it’s cutting 5,000 jobs as part of an effort to reduce costs, adding that artificial intelligence is starting to create efficiency. [1]
The cuts would affect about 5% of the bank’s employees, according to a presentation on Thursday. Barclays employed about 93,000 people globally at the end of 2025. [1]
Sources
- Barclays to Cut 5K Jobs, AI Trade Stumbles After Tech Earnings
Bloomberg · · Summary only