{"id":1044957,"date":"2026-10-23T11:12:29","date_gmt":"2026-10-23T05:42:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1044957"},"modified":"2026-10-23T11:12:29","modified_gmt":"2026-10-23T05:42:29","slug":"barclays-to-cut-5000-jobs-as-ai-led-cost-cutting-drive-expands-after-mixed-q3-results-and-trading-revenue-falls","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/23\/barclays-to-cut-5000-jobs-as-ai-led-cost-cutting-drive-expands-after-mixed-q3-results-and-trading-revenue-falls\/","title":{"rendered":"Barclays to cut 5,000 jobs as AI-led cost-cutting drive expands after mixed Q3 results and trading revenue falls"},"content":{"rendered":"<p>British bank Barclays Plc has announced plans to cut 5,000 jobs, or about 5% of its total workforce, as part of a wider effort to reduce costs and improve efficiency using technology and artificial intelligence (AI). According to Barclays&#8217; third-quarter earnings statement, the bank is focusing on simplifying its organisation and making its operations more efficient.<\/p>\n<p>Barclays job cuts: 60% of layoffs to hit support teams<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British bank Barclays Plc has announced plans to cut 5,000 jobs, or about 5% of its total workforce, as part of a wider effort to reduce costs and improve efficiency using technology and artificial intelligence (AI). According to Barclays&#8217; third-quarter earnings statement, the bank is focusing on simplifying its organisation and making its operations more efficient. Barclays job cuts: 60% of layoffs to hit support teams<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-1044957","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1044957"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044957\/revisions"}],"predecessor-version":[{"id":1044958,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044957\/revisions\/1044958"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1044957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1044957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1044957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}