markets · · invezz.com
Why is Barclays axing 5,000 jobs despite a 12% profit jump?
Barclays plans to eliminate about 5,000 jobs this year as the UK bank expands its use of artificial intelligence and pursues a broader cost-cutting programme. The reductions will affect approximately 5% of its global workforce of 93,000 employees, the bank said on Thursday.
Barclays plans to eliminate about 5,000 jobs this year as the UK bank expands its use of artificial intelligence and pursues a broader cost-cutting programme. The reductions will affect approximately 5% of its global workforce of 93,000 employees, the bank said on Thursday.
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