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Barclays CEO Says Bank Will Apply AI at Scale Amid 5,000 Total Cuts

2 outlets reporting
5,000
job cuts
The total includes 1,000 positions eliminated in the first half of 2026, with about 60% of the planned reductions in support functions.
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The total includes 1,000 positions eliminated in the first half of 2026, with about 60% of the planned reductions in support functions.