www.mediafax.ro/economic/mii-de-concedieri-intr-un

Barclays plans to cut around 5,000 jobs by the end of 2026 as part of a cost-reduction strategy, increasingly utilizing artificial intelligence for automation. The bank aims to enhance efficiency and reduce permanent expenses, with 1,000 positions already eliminated. The collaboration with AI firm Anthropic is expanding, with over 16,000 employees using AI assistant Claude for various tasks. Barclays reported a 12% profit increase in Q3 2026, yet the restructuring indicates that positive financial results do not prevent job cuts. The bank also announced a £500 million share buyback program.