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BUSINESS · 2 days ago

Barclays to Cut 5,000 Jobs in AI Efficiency Push Targeting Developers Despite 12% Profit Rise

Barclays is eliminating 5,000 jobs—with 60% of cuts targeting software developers and support functions—as AI efficiency drives a major bank restructuring.

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Barclays to Cut 5,000 Jobs in AI Efficiency Push Targeting Developers Despite 12% Profit Rise

Five must-reads.Every Monday.

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Five must-reads.
Every Monday.