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Barclays to Cut 5,000 Jobs in AI Push to Lower Costs

Name: Barclays to Cut 5,000 Jobs in AI Push to Lower Costs
Uploaded: 2026-10-23T00:00:38Z
Duration: 1 min 16 s
Description: Watch Barclays to Cut 5,000 Jobs in AI Push to Lower Costs by Bloomberg News, duration 1:16 minutes, on yTube.SITE. Barclays Plc is cutting jobs to reduce costs through the use...

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Barclays to Cut 5,000 Jobs in AI Push to Lower Costs

Channel Bloomberg News

Published 2026-10-23 00:00:38

Views 2,392

Duration 1:16 min

Likes 61

Definition HD

Description: Barclays Plc is cutting jobs to reduce costs through the use of artificial intelligence. #ai #news

The UK lender joins HSBC Holdings Plc and Standard Chartered Plc in pivoting to AI and automation.

Barclays will spend about £600 million this year ... Read more

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