Tech·Source-based summary
Barclays to cut 5,000 jobs asbank’s bosses hail AI productivity advances
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Business live – latest updates Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI. The job cuts
This is a source-based summary, not original reporting by Ebenezer journalists. Source: The Guardian · Original byline: Kalyeena Makortoff Banking correspondent. Ebenezer published 22 Oct 2026, 08:40 am. Editorial policy.
Read the original report on The Guardian →Global — Kalyeena Makortoff Banking correspondent

