Industry News, Trustworthy Insights

Popular Companies:

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.

Barclays Office - Cost-Cutting Measures and Job Cuts Planned in Restructuring Efforts to Boost Profitability. PHOTO: Getty Images/ALP
Barclays Office – Cost-Cutting Measures and Job Cuts Planned in Restructuring Efforts to Boost Profitability. PHOTO: Getty Images/ALP

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

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]