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Barclays to cut 5,000 jobs as it turns to AI to improve efficiency
Post Reply RetroFed Forums Forum Index » Europe
AuthorMessage
rose56 lemmy.zip roserose56@lemmy.zip
Joined: 2025-09-17
Quote

Link: https://www.euronews.com/2026/10/22/barclays-to-cut-5000-jobs-as-it-turns-to-ai-to-improve-efficiency
42   Original
CapuccinoCoretto lemmy.world CapuccinoCoretto@lemmy.world
Joined: 2026-03-24
#2 · Quote Reply

Barclays bankruptcy in 5...4...
9
rose56 lemmy.zip roserose56@lemmy.zip
Joined: 2025-09-17
#3 · Quote Reply
CapuccinoCoretto wrote:
Barclays bankruptcy in 5...4...

1111111111111 now, now 111111.
5
BigShammy80 feddit.org BigShammy80@feddit.org
Joined: 2025-02-21
#4 · Quote Reply

Have fun fixing your ruined business by AI... cut 5000 jobs and rehire 10.000 later 🤣
23
trollercoaster sh.itjust.works trollercoaster@sh.itjust.works
Joined: 2024-04-12
#5 · Quote Reply

stonks
5
pulsewidth lemmy.world pulsewidth@lemmy.world
Joined: 2025-01-29
#6 · Quote Reply
BigShammy80 wrote:
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.
16
Optional lemmy.world homesweethomeMrL@lemmy.world
Joined: 2023-07-09
#7 · Quote Reply

Asshole idiots.
2
Gsus4 programming.dev Gsus4@programming.dev
Joined: 2023-09-05
#8 · Quote Reply
[deleted]
1
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