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AI Efficiency or Just Plain Cost Cutting?

This story is from 2026-10-29. It is preserved in the archive; the latest stories are on the live feed.

Another week, another round of job cuts with AI in the press release. On Thursday Barclays said it would cut around 5,000 roles (about 5% of its staff) as part of a push for AI-driven efficiency, with roughly 60% of the cuts in support functions, developers included ( CNBC has the story ). This in…

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  1. 2026-10-29 14:35 · DEV Community — AI
    AI Efficiency or Just Plain Cost Cutting?

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