"Three Men Will Be Paying Everyone's Wages!" | Barclays Cuts 5,000 Jobs As AI Boosts Efficiency
Barclays has revealed it expects to have cut around 5,000 staff by the end of 2026 after turning to artificial intelligence (AI) to make the bank more efficient.
The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.
Some 1,000 of the roles were cut during the first half of 2026, and the remainder are spread out over the second half of the year.
Speaking with AI Expert Rohit Talwar, Talk's Ian Collins says: "This story has nowhere near ended. In fact, it's arguably just begun!"
#barclays #artificialintelligence #iancollins #talk
Have you got a story? Email tips@talk.tv
Click here for more from Talk http…
The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.
Some 1,000 of the roles were cut during the first half of 2026, and the remainder are spread out over the second half of the year.
Speaking with AI Expert Rohit Talwar, Talk's Ian Collins says: "This story has nowhere near ended. In fact, it's arguably just begun!"
#barclays #artificialintelligence #iancollins #talk
Have you got a story? Email tips@talk.tv
Click here for more from Talk http…
Ready for your next step?
Put these tips to work — thousands of new jobs are added every day.
Browse jobs Get job alertsRead more on this topic
This video is shown with YouTube's player and belongs to its creator, TalkTV.