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.
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.
AI-driven efficiency" — convenient euphemism for firing people. Show me the productivity numbers, not the press release.