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Barclays Cuts 5,000 Jobs, Blames AI for the Math

Business · 22 October 2026

Barclays Cuts 5,000 Jobs, Blames AI for the Math

Barclays announced a 5% workforce reduction—about 5,000 jobs—citing artificial intelligence as the driver of its efficiency drive. The move, part of an AI‑led restructuring, has sparked jokes about robots doing the…

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