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Barclays is latest to redirect spending toward AI as it trims its workforce - ABC News - Breaking News, Latest News and Videos

ABC News - Breaking News, Latest News and Videos Oct 23, 2026 at 10:02 AM PDT
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Barclays bank is investing heavily in AI while cutting jobs, reflecting a trend among major financial institutions to automate work. This affects employees in banking and finance, and may change what services customers receive.

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