Barclays cutting 5,000 jobs as it increases reliance on AI
Barclays is cutting around 5,000 staff as it introduces more artificial intelligence (AI) into its work processes. The banking group said 1,000 posts had already been closed and it expects a further reduction of 4,000 to be complete by the end of this year, amounting to around 5% of its global workforce. The bank’s cost […] The post Barclays cutting 5,000 jobs as it increases reliance on AI appeared first on KBC Digital.
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Barclays cutting 5,000 jobs as it increases reliance on AI Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Kbc Digital https://a2zai.ai/bytes/barclays-cutting-5-000-jobs-as-it-increases-reliance-on-ai...
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