Barclays to Cut 5,000 Jobs, About 5% of Staff, as It Leans on AI
Barclays will cut about 5,000 jobs, around 5% of its workforce, as it leans on AI. 1,000 posts are already closed and the rest are due by year end.
How artificial intelligence is changing work in the US: which companies say AI is behind their layoffs, which jobs are most exposed to automation and what the research and official data actually show. We separate cuts that companies explicitly link to AI from the ones where AI is only part of the story.
Our tech layoffs tracker marks a cut as “AI cited” only when the company itself made the link in a filing or statement. Below the articles you can see those layoffs, updated as new cuts are announced.
Barclays will cut about 5,000 jobs, around 5% of its workforce, as it leans on AI. 1,000 posts are already closed and the rest are due by year end.
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Only a small share of announced cuts are explicitly linked to AI by the companies themselves. In our tech layoffs tracker, a cut is marked "AI cited" only when the company made that link in a filing or statement.
Research points to tasks such as writing, customer support and routine data work. The BLS employment projections show which occupations are expected to grow or shrink over the next decade.
Layoff news, US labor market data and plain-English guides for workers who have lost a job or are worried about losing one.
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