Barclays to cut 5,000 jobs, replace with AI in cost drive

Barclays plans to eliminate about 5,000 jobs, replacing them with AI as part of an ongoing modernization and cost-reduction program. The move signals accelerating labor substitution in financial services, with implications for sector employment and operational efficiency. The report is sourced from TVN24 via Rzeczpospolita; details on timeline and affected divisions remain unclear.

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