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Why is the UK at the forefront of AI-driven job cuts?

Al Jazeera · 2026-10-23

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• What happened: Why is the UK at the forefront of AI-driven job cuts? Video Duration 27 minutes 20 seconds play-arrow27:20AI-linked job losses in the UK are running at twice the rate of US and Germany.Barclays plans to axe 5,000 jobs by the end of 2026 as it turns to artificial intelligence (AI) to cut costs.The bank’s chief executive... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Video Duration 27 minutes 20 seconds play-arrow27:20AI-linked job losses in the UK are running at twice the rate of US and Germany.Barclays plans to axe 5,000 jobs by the end of 2026 as it turns to artificial intelligence (AI) to cut costs.The bank’s chief executive has described AI as the “icing on the cake” of that effort. But unions accuse the bank of using AI as an excuse to reduce its workforce.As companies embrace AI to boost productivity, questions are growing over the impact on workers and the future of employment.Is the UK prepared for the changes ahead?Presenter: James BaysGuests:Peter Geoghegan – Editor of Democracy for SalePieter Cleppe – Editor-in-chief at BrusselsReport-dot-euRob Garlick – Author of, AI – Anarchy or Abundance?Published On 23 Oct 202623 Oct 2026SaveSharefacebookxwhatsapp-strokecopylink

Source: Al Jazeera
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