Barclays Targets £2 Billion in Savings Alongside Technology Overhaul
Photo: TokenPost
Barclays plans to reduce its workforce by about 5,000 full-time employees in 2026 as it pursues more than £2 billion in gross efficiency savings through 2028 with changes to technology and operations across the bank. Roughly 60% of the planned actions affect support functions, including developer roles. The 2026 workforce reduction plan is part of a broader effort to standardize data, modernize infrastructure and align processes. Artificial intelligence is one element of the effort. Barclays Group Chief Executive C. S.
Source: TokenPost
