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

Barclays said artificial intelligence is already reshaping its workforce, with the British bank planning to cut about 5,000 full-time jobs, roughly 5% of its staff. A large portion of those reductions ...

Barclays has upgraded Tesla's shares from Equal Weight to Overweight, raising the price target to $450. This upgrade ...

The cuts will add to fears that the widespread adoption of AI will allow companies across the world to operate with ...

Britain's Barclays Bank announced plans to shed 5% of its global workforce as it accelerates its adoption of tech, including ...

A potential merger with SpaceX makes Tesla a buy, according to Barclays. The bank upgraded the electric vehicle stock to ...

Barclays Plc said it declares its private credit holdings properly, following a report that the Bank of England’s Prudential ...

Barclays PLC is upgraded to Buy after a recent 20% share price decline driven by potential U.K. bank tax hike concerns. Click ...

Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September ...

Barclays said it is cutting 5,000 jobs due to "technology change efficiency driven by AI." ...