Barclays to cut 5,000 jobs this year as AI makes work more efficient
United KingdomWhat to know
- The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.S1
- Some of the job cuts have already been made, and the others are expected by the end of this yearS2
Timeline · newest first
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Punchng
Barclays bank to cut about 5,000 jobs amid AI drive
British bank Barclays has announced plans to cut around 5,000 jobs, or 5% of its global workforce, by the end of 2026 in an AI efficiency drive. : https://punchng.com/barclays-bank…
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Barclays to cut 5,000 jobs this year as AI makes work more efficient
The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.
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Manchestereveningnews
Barclays to cut 5,000 jobs by end of 2026 due to 'technology investments' as AI makes bank more efficient
Some of the job cuts have already been made, and the others are expected by the end of this year
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Published Oct 22, 2026
What to know
- The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.S1
- Some of the job cuts have already been made, and the others are expected by the end of this yearS2
Timeline · newest first
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United Kingdom