Barclays is cutting 5,000 jobs, about 5% of its workforce, to redirect spending toward AI and organizational simplification

BusinessOct 23 at 8:21 AM – Oct 23 at 1:13 PM15 outlets

ABC News

Barclays is latest to redirect spending toward AI as it trims its workforce seen Oct 23 at 12:46 PM

The Independent

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 12:09 PM

Boston Herald

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 8:21 AM

Hartford Courant

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 8:21 AM

Local 10 WPLG

Layoffs linked to changes in corporate AI spending Oct 23 at 12:05 PM

Orlando Sentinel

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 8:21 AM

South Florida Sun Sentinel

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 8:21 AM

The Baltimore Sun

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 8:21 AM

The Mercury News

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 5:21 AM

The Orange County Register

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 5:21 AM

The Philadelphia Inquirer

Layoffs linked to changes in corporate AI spending Oct 23 at 12:05 PM

Times Union

Barclays is latest to redirect spending toward AI as it trims its workforce seen Oct 23 at 12:50 PM

Toronto Star

Barclays is latest to redirect spending toward AI as it trims its workforce seen Oct 23 at 12:44 PM

Winnipeg Free Press

Barclays is latest to redirect spending toward AI as it trims its workforce Oct 23 at 12:05 PM

WRAL

Barclays is latest to redirect spending toward AI as it trims its workforce seen Oct 23 at 12:24 PM