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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.