Topic

Business

3 stories

Hands using red-handled scissors to cut a strip of paper printed with the word Jobs

The 135,000 Job Cut Myth - Corporate America Trading Payroll for AI?

The numbers landing on trading desks this week tell a story far more structural than a simple tech downturn, with more than 135,000 positions eliminated across 330 firms in 2026.

23 Oct 2026, 12:15 GMT

People walking past the entrance of a Barclays bank branch on a city street

Barclays cuts 5,000 jobs as AI rewrites the cost base

Barclays is cutting 5% of its workforce. It says AI is making them redundant.

23 Oct 2026, 10:15 GMT

Looking up at glass skyscrapers against a cloudy sky

Latest

Commercial property values slide as office vacancies climb

Landlords in major financial centres face pressure as hybrid working becomes permanent.

23 Oct 2026, 00:25 GMT

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