Barclays plans to cut 5,000 jobs by the end of 2026 as it uses AI to reduce costs and improve returns. The move comes as third-quarter profit misses estimates, with a sharp decline in fixed-income trading weighing on investment bank income.
https://www.livemint.com/industry/banking/barclays-to-cut-5-000-jobs-as-ai-drives-cost-saving-push-and-lender-seeks-to-improve-returns-11792663207136.html
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1October 22, 2026 3.3K 5
