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Barclays is cutting 5,000 jobs in an AI push

Source: businessinsider.com

Artificial IntelligenceM&A & RestructuringCompany Fundamentals
Barclays is cutting 5,000 jobs in an AI push

Barclays said it will cut 5,000 jobs, or 5% of its workforce, as part of an AI push. The British bank announced the cuts in its third-quarter earnings presentation; the article provides no financial results or market reaction.

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