Topics regarding layoffs at Barclays plc

Topics regarding layoffs at Barclays plc

Barclays Cuts 100s UK roles

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 

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Post ID:  @OP+1gqBCvWe

Glasgow

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

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Post ID:  @OP+1aSNz3cg

Always restructuring

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 

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Post ID:  @OP+QCHPqWv

lousy benefits

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 

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Post ID:  @OP+QALyKgi

Who is there left to cut?

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 

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Post ID:  @OP+QgT4CAP

Barclays Redundancies 2015

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 

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Post ID:  @OP+z5E5QlH

If the Bloomberg article is right (and I have no reason to believe it is not), then why would anyone good stay there? And if the markets...

If the Bloomberg article is right (and I have no reason to believe it is not), then why would anyone good stay there? And if the markets improves, even the marginal people will leave. They will have to make some kind of announcement if the article is... —  read more 

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Post ID:  @OP+ofiaWwu

Classy with a capital "K" Sounds as if they've decided to term everyone with more than 5 yrs seniority in favor of inexperienced kids...

Classy with a capital "K" Sounds as if they've decided to term everyone with more than 5 yrs seniority in favor of inexperienced kids they're hiring on the cheap. Consultant-driven management at its finest. Now watch them get whacked when the rates... —  read more 

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Post ID:  @OP+ofae90M

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