Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
2026-10-22 · AI (artificial intelligence) | The Guardian
Barclays is axing 5,000 jobs — 5% of its global workforce — while executives cheerfully credit AI for making all those humans redundant. Nothing says 'productivity advances' quite like telling thousands of employees their services are no longer required because a chatbot can do their job cheaper.