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Barclays (BCS) plans to cut 5,000 jobs, or about 5% of its workforce, as part of a technology-enabled cost-cutting drive amid wider adoption of artifi
Oct 22, 2026 · ThinkSabio Blog
Barclays (BCS) plans to cut 5,000 jobs, or about 5% of its workforce, as part of a technology-enabled cost-cutting drive amid wider adoption of artificial intelligence across the bank.
About 1,000 jobs were eliminated in the first half of 2026, with the remaining cuts expected by year-end. Roughly 60% will affect support functions, including developers. Barclays employed about 93,000 people globally at the end of 2025.
22-OCT-2026 07:33 AM ET
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