Europe@feddit.orgEnglish · 21 days ago

Barclays to cut 5,000 jobs as it turns to AI to improve efficiency

www.euronews.com

Barclays to cut 5,000 jobs as it turns to AI to improve efficiency

www.euronews.com

rose56@lemmy.zip to

Europe@feddit.orgEnglish · 21 days ago

British bank Barclays said on Thursday it would cut around 5,000 jobs, or roughly 5% of its global workforce, by the end of 2026 as it turns to AI and other technology to streamline operations and improve efficiency.

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