Back to News
Barclays
WEAKAI LAYOFF

Barclays: 200 jobs cut

January 15, 2025GBBankingBarclays

Barclays cut 200 jobs from its investment bank, affecting people in investment banking, research and global markets. Cuts skewed towards expensive managing directors. The AI attribution is indirect; the company is investing in AI but did not explicitly link these specific cuts to automation. Of the 200 total positions affected, our methodology estimates that approximately 30 roles (15%) are attributable to AI-driven changes.

Conservative

0

Core Estimate

30

Upper Bound

70

Sources

PrimaryeFinancialCareersJanuary 15, 2025

Barclays cuts 200 investment banking jobs

Barclays cut 200 jobs from its investment bank, affecting people in investment banking, research and global markets. Cuts skewed towards expensive managing directors.

Read Original