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Barclays Plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong effort to trim costs and boost profits within the unit, according to ...
Barclays Plc is halfway through the three-year plan of Chief Executive Officer CS Venkatakrishnan to boost returns and cut ...
Barclays Plc is planning to cut hundreds of jobs across its trading and investment bank divisions, Bloomberg News reported on Friday, citing people familiar with the matter.
Barclays PLC BCS has commenced job cuts across investment banking (IB) and research division, per people familiar with the matter. This move aligns with the company’s £2 billion cost-cutting ...
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday.. The majority of the cuts fell in Barclays Execution ...
Barclays cut 900 jobs in the UK last year, Unite union said (PA Archive) Barclays said it has axed around 5,000 jobs globally during 2023 to "simplify and reshape the business", with most of the ...
Barclays (NYSE:BCS) is planning to cut more than 200 roles in its investment bank under CEO C.S. Venkatakrishnan’s plan to boost the unit's profitability, according to a media report on Monday.
A spokesperson for Barclays said there would be “changes” to headcount, as a result of increased automation and fewer “management layers,” but did not put a number on any job cuts.
Barclays PLC says it plans to cut up to 2,100 jobs in its retail and commercial banking units, adding to redundancies of the same size in its investment banking arms. IE 11 is not supported.
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