Barclays to Cut 5,000 Jobs by End of 2026 Due to AI Expansion
Barclays plans to reduce its global workforce by about 5,000 jobs by the end of 2026 as part of a major restructuring. The cuts will mainly affect support functions, including developers and operational staff, following 1,000 roles already closed. This move aims to boost efficiency and increase investment in artificial intelligence to enhance services and reduce costs.
TOI Business·


