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Barclays to cut 5 000 jobs in AI-fueled push to lower costs

The bank plans to complete the job cuts by year-end, with about 60% affecting support functions, as third-quarter fixed-income trading revenue fell 19% to $1.4bn.

Published Oct 22, 2026 · 6:30 AMOriginal source: Moneyweb3 reads
The bank plans to complete the job cuts by year-end, with about 60% affecting support functions, as third-quarter fixed-income trading revenue fell 19% to $1.4bn.
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Moneyweb

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