London, Oct 22, 2026 (AFP) - Barclays bank to cut about 5,000 jobs amid AI drive

NAMPA / AFP
2026-10-22
British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global workforce, by the end of 2026 in an AI efficiency drive. The announcement came alongside an earnings update that showed Barclays' net profit grew 13 percent in the third quarter. Barclays said it was implementing "organisational simplification and technology change efficiency driven by AI". "About 60 percent of the job losses relate to s......
Restricted content

Latest NAMPA photos

RUNDU, 23 March 2026 - A serene afternoon view of a boat jetty along the banks of the Kavango River in Rundu. (Photo by Uakutura Kambaekua) NAMPA

RUNDU, 23 March 2026 - A serene afternoon view of a boat jetty along the banks of the Kavango River in Rundu. (Photo by Uakutura Kambaekua) NAMPA

NAMPA
NCAMANGORO/RUNDU, 23 March 2026 – Government tightens restrictions on livestock movement and marketing as Foot-and-Mouth Disease (FMD) impacts livelihoods in the Southern and Zambezi regions. (Photo: Uakutura Kambaekua) NAMPA

NCAMANGORO/RUNDU, 23 March 2026 – Government tightens restrictions on livestock movement and marketing as Foot-and-Mouth Disease (FMD) impacts livelihoods in the Southern and Zambezi regions. (Photo: Uakutura Kambaekua) NAMPA

NAMPA
RUNDU, 23 March 2026 - Sunbeams illuminate the riverbanks and floodplains of the Kavango River as day turns to evening. (Photo by: Uakutura kambaekua) NAMPA

RUNDU, 23 March 2026 - Sunbeams illuminate the riverbanks and floodplains of the Kavango River as day turns to evening. (Photo by: Uakutura kambaekua) NAMPA

NAMPA
TUGUVA, 20 October 2026 - Kavango West Regional Council Chairperson Fillipus Tenga led a delegation to the residence of former President Hifikepunye Pohamba at Tuguva village in the Kavango West Region on Tuesday to offer condolences following the death of Pohamba's spouse, Namibia's second First Lady, Penehupifo Pohamba, who passed on Saturday. (Photo: Lylie Joel)
NAMPA

TUGUVA, 20 October 2026 - Kavango West Regional Council Chairperson Fillipus Tenga led a delegation to the residence of former President Hifikepunye Pohamba at Tuguva village in the Kavango West Region on Tuesday to offer condolences following the death of Pohamba's spouse, Namibia's second First Lady, Penehupifo Pohamba, who passed on Saturday. (Photo: Lylie Joel) NAMPA

NAMPA
WINDHOEK, 20 October 2026 - Commuters heading from Okahandja to Windhoek hitch a ride with the seven-seater vehicles at B1 City Station. (Photo: Molly Weyulu) NAMPA

WINDHOEK, 20 October 2026 - Commuters heading from Okahandja to Windhoek hitch a ride with the seven-seater vehicles at B1 City Station. (Photo: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 20 October 2026 - The Bank of Namibia head office in Windhoek. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 20 October 2026 - The Bank of Namibia head office in Windhoek. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 20 October 2026 - The Bank of Namibia head office in Windhoek. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 20 October 2026 - The Bank of Namibia head office in Windhoek. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 19 October 2026 (NAMPA) – Florida Ruhoze Haakuria of Ketungoutji Investment CC, trading as Pukaa Catering Services, confirmed that the restaurant is feeling the impact of the ongoing foot-and-mouth disease outbreak. (Photo by: Uakutura Kambaekua) NAMPA

WINDHOEK, 19 October 2026 (NAMPA) – Florida Ruhoze Haakuria of Ketungoutji Investment CC, trading as Pukaa Catering Services, confirmed that the restaurant is feeling the impact of the ongoing foot-and-mouth disease outbreak. (Photo by: Uakutura Kambaekua) NAMPA

NAMPA