This is a master thread about Barclays layoffs? Any chatter, news or rumors?

So Barclays does it again, they laid off so many people with no warning... and this just the beginning.. Fake...

Prepare for launch in Whippany, NJ. NJ WARN Notice filed in June, 2024 says 70 will get the gate between July 15-July 26.

Zero warning for hundreds of people who were suddenly laid off with zero notice in Hamilton, OH. They closed the entire location effective immediately to send call center and back office jobs to India. Absolutely dirty. They didn’t file a WARN notice... — read more 

This is a generic discussion thread to capture comments about potential Barclays layoffs? Any chatter, news or rumors?

Have all the NJ people been notified? I know over a hundred people are supposed to be affected here.

Exclusive: Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source LONDON, Nov 23 (Reuters) - Barclays (BARC.L) is working on plans to save as much as 1 billion pounds ($1.25 billion), which could involve cutting as many as... — read more 

The high-street lender suffered a slowdown at its investment bank and a rise in bad debts — profits fell 4% in the third quarter to £1.9... — read more 

Union slams ‘unnecessary and unjustified’ decision as Barclays set to cut more than 450 jobs The cuts represent around 1% of Barclays’ UK workforce... — read more 

Barclays is joining the ranks of global investment banks taking the axe to jobs amid a slowdown in dealmaking and stock market flotations. Sky News has learnt that the British lender will this week cut more than 100 roles in its investment bank, with... — read more 

There is hiring freeze in place, I guess they are afraid of SVB pulling down other banks with them

Barclays back-office IT and Software Development staff which is primarily located in Fleet, UK is being planned to be fired. Directors are asked to create redundancies at India location for Barclaycard Payments organization in next two... — read more 

Share any updates you may have about Barclays layoffs? Any chatter, news or rumors?

It's worse than you think... https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html

Alfreton Beaconsfield Bexhill-on-Sea Billericay Bridgnorth Chester-le-Street Chesterfield Chorley Corby Dunmow Epping Felixstowe Feltham Gateshead Havant Heswall Holloway Lampeter Longton Ludlow St Anns Square... — read more 

Bereavement, Insolvency and delegated Services are all being offshored to be serviced in Chennai India. A handful of staff have been retained who will only take inbound calls to portray UK staff run services. Covid was an extremely busy and life... — read more 

Branch manager layoffs coming at AVP and VP level

Post any information about potential or actual Barclays layoffs? Any chatter, news or rumors?

Barclays ramping up it's Glasgow move, lot of secret lists going around to announce redundancies in London and recreate roles in Glasgow. Announcement to come anytime and impacts IT division

I know there were some management cuts at the start of the month, has there been any more?

Make a prediction and tell us what you think about Barclays Layoffs 2021? Any news or rumors?

What will happen next and were will this take us?

What's the biggest location, what's the overall employee count and how many employees work at London?

Is this going to be an interesting year as it relates to Barclays Layoffs 2020? Any news or rumors?

Does anyone know more about the hiring freeze happening in IB division? How long is it expected to last?

They closed the office located in Wilton, Maine - Barclaycard Services Operation Center. The center closed on 3/31. Barclays management eliminated several positions, there was about 200+ layoffs... If you’re a member of production, take note the only... — read more 

No coverage here, but here is the scoop – we’ll be moving about 500 people from Wilmington to Whippany, some are transferring and some will be laid off. Standard Barclays’ severance with placement help (job search, resume writing etc). It looks like... — read more 

Any updates for New York regarding layoffs?

Just wanted to open this thread, if you are in Knutsford you may want to chime in on the redundancies.

Banking will be fine going forward

Is there going to be any reorg or Barclays Layoffs in 2019?

WARN Details Date of Notice: 4/9/2018 Amended: 4/23/2018 Event Number: 2017-0322 Rapid Response Specialist: Stuart Goldberg Reason Stated for Filing: Plant Layoff Company: Barclays Services Corp. (Chief Operating Office teams) 745 Seventh Avenue New... — read more 

How many times has Barclays restructured in the past ten years? I lost count. It seems like restructuring is simply a new fancy word for layoffs. It's no surprise our morale is so down. Every day we are expecting to hear about new restructuring, new... — read more 

don't be fooled by what looks like attractive pay at first glance. any extra money you receive from barclays will be spent compensating for lousy benefits, especially health insurance copay. that's far from the only downside of this job... — read more 

Hearing whispers of more layoffs coming, but I simply can't figure out who's left to cut? All the teams have already been cut to bare bones... Take more people away and there will be no way to function properly... Not to mention that it reactivates... — read more 

I know banks tend to be bureaucratic by nature, but Barclays is in a league of its own. It's so bad that it's hard to get most things done in reasonable time. I'm not sure how nobody realizes how much we could improve our business if we simply cut a... — read more 

...is a speeding freight train. http://www.wsj.com/articles/barclays-cut-in-half-as-europe-slims-down-on-wall-street-1470250141

Major cuts in early 2016 will continue, you can rest assured. This has been reported widely.

I believe there was an official statement that we'll cut 16,000 people by the end of 2016. I think the target for 2015 was around 9,000. Most of the cuts will be in the UK but the US, Spain will be affected as well. We like to cut on the investing... — read more 

820 managers to be let go. 4000 people were cut, and cuts will continue. we'll probably eliminate up to 7K people in 2014