HSBC news
The latest HSBC news, : Barclays to cut 5,000 jobs as AI drives cost savings.
2 stories mentioning HSBC since 20 October 2026, newest first, each with its sources and discussion. Follow to see new ones on your front page.
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Barclays to cut 5,000 jobs as AI drives cost savings
Barclays is cutting 5,000 jobs, or about 5% of its 93,000 global workforce, as part of cost-cutting plans driven by AI productivity gains. Executives say 1,000 jobs have already been cut since the start of the year,…
3 sourcesbbc.combloomberg.comThe Guardian AI -
HSBC CEO says AI boom requires selective data center investments
HSBC chief executive Georges Elhedery told CNBC that while artificial intelligence is a transformational technology, investors should be selective about data‑center investments. He urged looking at the quality of…
1 sourceCNBC Technology
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As of 22 October 2026: Barclays to cut 5,000 jobs as AI drives cost savings. Barclays is cutting 5,000 jobs, or about 5% of its 93,000 global workforce, as part of cost-cutting plans driven by AI productivity gains.