
AI
Barclays to cut 5,000 jobs by 2026 in AI-driven restructuring
The bank plans to reduce its workforce by five percent, with support and developers making up the majority of the reductions.
Everything Vector Bulletin has reported about workforce reduction: 2 stories, newest first. Part of our AI coverage.

The bank plans to reduce its workforce by five percent, with support and developers making up the majority of the reductions.

The online marketplace is cutting roughly nine percent of its staff to streamline operations and focus on high-growth areas, following a previous reduction in February.