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Barclays to cut 5,000 jobs in AI-led cost drive as Q3 profit rises 12%

Barclays plans to cut around 5,000 jobs, or 5% of its workforce, this year as it uses AI to reduce costs, even as third-quarter profit rose 12% to £2.3 billion.

Barclays to cut 5,000 jobs in AI-led cost drive as Q3 profit rises 12%

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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