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World Economy

Barclays cutting 5,000 jobs as it increases reliance on AI

Barclays cutting 5,000 jobs as it increases reliance on AI
Image: BBC Business

Summary

The bank says it is using more AI leading to a 5% reduction in its workforce.

Source & full coverage: this summary is aggregated from BBC Business, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at BBC Business →