{"id":25596,"date":"2026-10-22T09:37:31","date_gmt":"2026-10-22T07:37:31","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/10\/22\/barclays-to-cut-5000-jobs-as-banks-bosses-hail-ai-productivity-advances\/"},"modified":"2026-10-22T09:37:31","modified_gmt":"2026-10-22T07:37:31","slug":"barclays-to-cut-5000-jobs-as-banks-bosses-hail-ai-productivity-advances","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/10\/22\/barclays-to-cut-5000-jobs-as-banks-bosses-hail-ai-productivity-advances\/","title":{"rendered":"Barclays to cut 5,000 jobs as bank\u2019s bosses hail AI productivity advances"},"content":{"rendered":"<p>Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/live\/2026\/oct\/22\/barclays-profits-jump-looming-bank-tax-french-bond-yields-hit-fresh-24-year-high-latest-live-updates\">Business live \u2013 latest updates<\/a><\/p>\n<\/li>\n<\/ul>\n<p>Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.<\/p>\n<p>The job cuts will mean losing about 5% of the bank\u2019s 93,000 global staff, with executives confirming they had already cut 1,000 workers since the start of the year.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/oct\/22\/barclays-profits-up-as-uk-banks-brace-for-tax-increase-in-budget\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/42ebdcc562c64f3843def3a9641e7ab414a3974a\/503_509_4491_3595\/master\/4491.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=e3786f38f19585f0475e475e93325367\" title=\"Barclays to cut 5,000 jobs as bank\u2019s 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<br \/>\nBusiness live \u2013 latest updates<br \/>\nBarclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.<br \/>\nThe job cuts will mean losing about 5% of the bank\u2019s 93,000 global staff, with executives confirming they had already cut 1,000 workers since the start of the year. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Business live \u2013 latest updates Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI. The job cuts will mean losing about &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/10\/22\/barclays-to-cut-5000-jobs-as-banks-bosses-hail-ai-productivity-advances\/\"> <span class=\"screen-reader-text\">Barclays to cut 5,000 jobs as bank\u2019s bosses hail AI productivity advances<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":25597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/25596"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=25596"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/25596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/25597"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=25596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=25596"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=25596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}