Barclays Exclusive: New £1bn Cost-Cutting Plan Explained

Barclays Plc is planning to implement a series of cost-cutting measures that could save the company up to £1 billion ($1.3 billion) over the next few years.

These measures may involve slashing as many as 2,000 jobs. The majority of the job cuts are likely to occur within Barclays Execution Services, the unit responsible for the group’s back