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How will AI affect global jobs?
Barclays' £1.1bn in AI savings by 2027 signals a global shift. As AI automates tasks, it could lead to job reductions in banking sectors worldwide, not just in the UK or India. This trend might particularly impact roles involving data processing, customer service, and administrative support across different countries.
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Barclays plans to cut 5,000 jobs this year.Related explainers
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