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Barclays to cut 5,000 jobs by end of 2026 as AI drives efficiency

Barclays is to shed around 5,000 roles by the end of 2026, about 5% of its global workforce, as technology investments and artificial intelligence make the bank more efficient. Some cuts have already been made.

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Barclays is to shed around 5,000 roles by the end of 2026, about 5% of its global workforce, as technology investments and artificial intelligence make the bank more efficient. Some cuts have already been made.