Barclays to cut 5,000 jobs as it turns to AI to improve efficiency
https://www.euronews.com/2026/10/22/barclays-to-cut-5000-jobs-as-it-turns-to-ai-to-improve-efficiencyOpen linkView original on lemmy.zipSyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.ziphttps://www.euronews.com/2026/10/22/barclays-to-cut-5000-jobs-as-it-turns-to-ai-to-improve-efficiencyOpen linkView original on lemmy.zip
6 replies
Have fun fixing your ruined business by AI... cut 5000 jobs and rehire 10.000 later 🤣
The new 'offshoring', now that term has aged and become less desirable.
Fire 5000 because of 'AI-driven efficiencies'.
Over the next year, slowly rehire 7500 through offshore service providers when that delivers massive issues (don't say it failed of course, and don't re-hire all at once). No cheaper, but it allows management to pretend they are modern-thinking early adapters of leading tech.
Barclays bankruptcy in 5...4...
1111111111111 now, now 111111.
Asshole idiots.