Why a global bank is slashing thousands of jobs — and what the Fed says about AI replacing workers
Oct 22, 2026
Barclays on Thursday said it’s cutting 5,000 jobs — about 5% of its workforce, as the bank relies on artificial intelligence to perform back-office tasks.
https://www.marketwatch.com/story/why-a-global-bank-is-slashing-thousands-of-jobs-and-what-the-fed-says-about-ai-replacing-workers-9529b6ca?mod=mw_rss_topstories
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