Barclays plc Layoffs

Topics regarding layoffs at Barclays plc

Hiring Freeze IB Division

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

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Post ID: @ZUSUkzs

CLOSED - Barclays Wilton Services Operation Center

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 

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| 286 views | |
Post ID: @ZqVwn9I

Layoffs and Moves / Wilmington to Whippany

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 

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Post ID: @ZqeLIqA

Barclays Knutsford layoff

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

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Post ID: @WbFt3pT

Future?

Banking will be fine going forward

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Post ID: @VTX496q

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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| 1272 views | |
Post ID: @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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| 988 views | |
Post ID: @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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| 1064 views | |
Post ID: @QgT4CAP

Overly bureaucratic and stuck in the old ways

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 

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| 971 views | |
Post ID: @QfdKj7q

Barclays Layoffs 2018

Rumors are flying around, rumors sometimes can be true especially when they are talking about layoffs in London.

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| 1340 views | |
Post ID: @PLbEaWr

Barclays Layoffs 2017

I never thought that I'll be surprised here again, but layoffs in corporate are always a juicy topic. Have you heard that we may have layoffs in London.

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Post ID: @KuNy1mp

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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| 1907 views | |
Post ID: @z5E5QlH

800+ Managers Axed

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

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| 1469 views | |
Post ID: @u9x95Ih

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