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Barclays to Cut 5,000 Jobs as AI-Linked Restructuring Accelerates Despite £2.3bn Quarterly Profit

Barclays expects to cut around 5,000 jobs worldwide in 2026, with 4,000 still to go, as it expands technology-led efficiency measures despite a 12% rise in quarterly pre-tax profit to £2.3bn.

By Staff member • 22 October 2026 • 2 min read

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