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Today โ€” 22 October 2026NYT - Business

Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs

22 October 2026 at 12:45
The move is the latest illustration of a company saying it believes it can be more efficient with fewer workers because of artificial intelligence.

ยฉ Sam Bush for The New York Times

Barclays is cutting 5 percent of its work force as banks turn to A.I., amid growing pressure to prove the technology can bolster productivity and profits.
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