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British bank Barclays has announced plans to cut around 5,000 jobs, or 5% of its global workforce, by the end of 2026 in an AI efficiency drive. Read More: https://punchng.com/barclays-bank-to-cut-about-5000-jobs-amid-ai-drive/

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The bank says it is using more AI leading to a 5% reduction in its workforce.

U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.

Barclays has revealed it is cutting 5,000 jobs - 5% of its workforce - as part of efforts to save costs and drive efficiency through investment in artificial intelligence (AI).

IPOH, Oct 22 — A study by Institut Darul Ridzuan (IDR), conducted in conjunction with the Perak 2027 Budget, has f...

Barclays has revealed it expects to have cut around 5,000 staff by the end of 2026 after turning to artificial intelligence (AI) to make the bank more efficient.

Hundreds more jobs are on the chopping block at Westpac, following major cuts at NAB.

After going private in August, Electronic Arts (EA) is cutting about 3% of its staff and shutting down video game developer BioWare. On Wednesday, EA reportedly notified employees in an email that the company would be laying off around 400 people, including about 50 at BioWare, as the company focuses on more lucrative projects, according […]

Skate studio Full Circle will be be reduced to "a more focused, smaller team," while a Sims project has been paused.

The Australian sharemarket declined on Thursday, as shares in furniture retailer Nick Scali plummeted after a profit warning.

Di era digital ini, informasi muncul dengan lebih cepat, mudah dan masif, salah satu informasi yang paling menarik ...

Kashim Chowdhury was contracted for 183 hours a week, more than the number of hours in seven days.

Wakil Menteri Dalam Negeri (Wamendagri) Bima Arya Sugiarto meminta seluruh kepala daerah mulai memikirkan upaya ...

<p>UK defence secretary had been due to unveil proposals on Thursday until concerns were raised at 11th hour</p><p>Wes Streeting has been forced to delay the publication of a plan to get more young people into defence industry jobs after pushback from trade unions, the Guardian understands.</p><p>The <a href="https://www.theguardian.com/politics/wes-streetin

The restructure will cut more than 11 percent of the workforce.

Asia Kate Dillon, who starred in shows like “Orange Is the New Black” and “Billions,” took to social media on Tuesday to share that they are looking for service work after their acting work “has all but diminished” after eleven years in the industry. Dillon began their statement by going through previous service jobs they’ve […]

Coega Steels is launching a new rolling mill in Nelson Mandela Bay designed to boost production while cutting emissions. The initiative will create 300 direct and 300 indirect jobs, providing vital relief to the Eastern Cape, where the unemployment rate is 47.5%.

As the mini budget approaches, debate over the Health Promotion Levy centres on public health, affordability, consumer behaviour, job losses and the future of sugar farming.

240 jobs are at risk in Dublin at Flutter, the parent group of gambling company Paddy Power, with the cuts concentrated in the company's global headquarters in Clonskeagh in Dublin.