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Barclays To Cut 5,000 Jobs, Sees £1.1 Bln Savings After Higher Q3, Positive Outlook
Source: Nasdaq
Corporate Guidance & OutlookManagement & GovernanceArtificial Intelligence
Barclays plans to cut around 5,000 full-time employees as part of a cost-efficiency program amid the AI boom. The lender expects more than £1.1 billion in gross efficiency savings in fiscal 2027.
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