---
title: "Barclays cuts dozens of jobs in AI and offshoring drive"
description: "Barclays plans to cut up to 50 jobs in London as part of a cost-cutting initiative, moving roles to India and utilizing AI tools. The bank aims to reduce total costs by £2bn, with the new copywriting "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275219137.md"
published_at: "2026-02-08T06:45:16.000Z"
---

# Barclays cuts dozens of jobs in AI and offshoring drive

> Barclays plans to cut up to 50 jobs in London as part of a cost-cutting initiative, moving roles to India and utilizing AI tools. The bank aims to reduce total costs by £2bn, with the new copywriting team in India expected to be larger but at lower staffing costs. This move follows previous job cuts and is part of a broader strategy to enhance efficiency amid concerns about AI's impact on employment. Barclays has also announced plans to return £10bn to shareholders, with its share price rising significantly due to strong financial results.

Barclays has put dozens of London jobs at risk with plans to move roles to India and use artificial intelligence (AI). The British bank is planning to cut up to 50 staff from its internal advertising unit, moving the jobs offshore by the end of August. Barclays will cut costs by slashing the jobs in London and rehiring a new team in India, where th...

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.