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Why a global bank is slashing thousands of jobs , and what the Fed says about AI replacing workers

Reported · Written up by our desk · Equities

Barclays on Thursday said it’s cutting 5,000 jobs, about 5% of its workforce, as the bank relies on artificial intelligence to perform back-office tasks.

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MarketWatchWhy a global bank is slashing thousands of jobs , and what the Fed says about AI replacing workers
MarketWatchWhy a global bank is slashing thousands of jobs , and what the Fed says about AI replacing workers

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