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Barclays to Cut 5K Jobs, AI Trade Stumbles After Tech Earnings

Source: youtube.com

Corporate Guidance & OutlookCompany FundamentalsArtificial IntelligenceManagement & Governance
Barclays to Cut 5K Jobs, AI Trade Stumbles After Tech Earnings

Barclays said it is cutting 5,000 jobs—about 5% of its employees—as part of a cost-reduction effort. The bank also said artificial intelligence is beginning to create efficiency.

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