Barclays to Cut 5,000 Jobs Replaced by AI, Saving ~60% of Support Costs
georgemillo · x · 2026-10-22
Barclays is reportedly cutting around 5,000 jobs that will be replaced by AI, saving nearly 60% of costs in supporting roles. The commenter argues that building an economy around services may have been a mistake, and that the UK could pivot to physical AI in manufacturing and data center buildout, leveraging cheap energy and a permissive planning system.
Related event: Barclays to Cut 5,000 Jobs as AI Takes Over Roles(2 posts)→
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