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MUMBAI (BLOOMBERG) - Barclays is embarking on a plan to cut about 100 senior jobs, mostly in trading roles across its corporate and investment bank, as … Barclays Plc is embarking on a plan to cut about 100 senior jobs, mostly in trading roles across its corporate and investment bank, as the British lender seeks to rein in costs. About 50 of those jobs will be cut outright, ... Dominic Hook, a national officer for Unite the union, said: “The sheer scale of the job cuts announced today by Barclays is alarming. Barclays reports its full-year results in February Barclays is cutting about 100 jobs 1 min read. Companies can get around such filings through an extended period of small job cuts. Barclays Cutting 19,000 Jobs in Major Trim of Investment Banking Ambitions. As banks resume cost-cutting after the pandemic-induced pause, Barclays has become the latest bank to inform some staff that it won't be needing them.. Insiders at the bank in London say the bank is cutting "most" of the contractors working on its regulatory projects at the end of the fourth quarter. LONDON (Reuters) - Barclays BARC.L has halted new job cuts while the coronavirus crisis is ongoing, the bank said in an internal memo seen by Reuters on Tuesday.. Barclays Plc is embarking on a plan to cut about 100 senior jobs, mostly in trading roles across its corporate and investment bank, as the British lender seeks to rein in costs. Updated: 17 Jan 2020, 12:54 PM IST Cathy Chan, Suvashree Ghosh and Stefania Spezzati. Barclays Plc is embarking on a plan to cut about 100 senior jobs across its corporate and investment bank mostly in trading as the British lender seeks to rein in costs. Barclays plans to cut hundreds of jobs in its investment banking division as part of a restructuring, it has confirmed to the BBC. Barclays did file a WARN notice in 2017 after cutting more than 200 jobs in Ogletown. The job cuts come on … Job cuts, which amount to around 3.6% of group staff, confirm Barclays is not immune to a round of cost-cutting across the industry Barclays Plc is embarking on a plan to cut about 100 senior jobs, mostly in trading roles across its corporate and investment bank, as the British lender seeks to rein in costs.

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