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Home > India > UPDATE 4-Barclays to slash 5,000 jobs in AI-powered cost-cutting drive

UPDATE 4-Barclays to slash 5,000 jobs in AI-powered cost-cutting drive

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Last Updated: October 22, 2026 15:07:20 IST

* Pretax profit £2.3 billion for Q3, versus £2.1 billion a year ago * Cost-cutting drive to result in 5,000 job cuts * Fixed income trading unit underperforms * Shares edge down 0.1% (Updates share

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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