The GuardianUK News & Comment• 1 min read

Barclays to cut 5,000 jobs as bank’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-saving plans that its bosses say are being driven by advances in AI.

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