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Barclays to cut 5,000 jobs because of the use of AI and other technologies

Original title, in Spanish: “Barclays recortará 5.000 empleos por el uso de la IA y otras tecnologías”

Publication
Expansión (Spain) · subscribers only
Author
Artur Zanón
Published on
22 October 2026 · read in the page structured data

Summary

Barclays is cutting 5,000 jobs, around 5% of its 93,000 employees. The bank attributes the measure to the use of artificial intelligence and other technologies.

Summary based on the article's title and standfirst, as the text is not accessible.

Read the article on Expansión →

Figures cited

  • 5,000 jobs

    Job cuts at Barclays linked to AI and other technologies

    Barclays, total workforce of 93,000 employees

    « Barclays ha anunciado esta mañana un recorte de 5.000 empleos, lo que supondrá reducir la plantilla en aproximadamente un 5%, sobre un total de 93.000 trabajadores. »
  • 5 %

    Share of total workforce cut

    Barclays

    « lo que supondrá reducir la plantilla en aproximadamente un 5%, sobre un total de 93.000 trabajadores »

Classification

Country
United Kingdom
Company size
Large companies
Industries
Banking, insurance, asset management, finance departments
Companies
Barclays (deploys AI)
Keywords
employment, bank, job cuts, automation, banking industry

Entry written by Marsanne Studio from the cited article, with the help of an AI model (claude-sonnet-5). The rights to the article and its illustrations belong to Expansión and its author. Entry translated from French by Claude Sonnet 5.5.