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Barclays Bank announced it would lay off 5,000 workers to cut costs, and said artificial intelligence has begun to improve efficiency. According to the bank's presentation on Thursday, the scale of the layoffs accounted for about 5% of the total number of employees. At the end of 2025, Barclays employed around 93,000 people worldwide. The London-based bank said it is undergoing structural cost reduction to free up capital for investment. The materials mentioned that the bank relied on AI to streamline the organizational structure and improve operational efficiency.
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Barclays Bank announced it would lay off 5,000 workers to cut costs, and said artificial intelligence has begun to improve efficiency. According to the bank's presentation on Thursday, the scale of the layoffs accounted for about 5% of the total number of employees. At the end of 2025, Barclays employed around 93,000 people worldwide. The London-based bank said it is undergoing structural cost reduction to free up capital for investment. The materials mentioned that the bank relied on AI to streamline the organizational structure and improve operational efficiency.
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