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
Post any information about potential or actual Barclays layoffs? Any chatter, news or rumors?
Branch manager layoffs coming at AVP and VP level
I know there were some management cuts at the start of the month, has there been any more?
What will happen next and were will this take us?
Is this going to be an interesting year as it relates to Barclays Layoffs 2020? Any news or rumors?
Banking will be fine going forward
Does anyone know more about the hiring freeze happening in IB division? How long is it expected to last?
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
Is there going to be any reorg or Barclays Layoffs in 2019?
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.
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
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
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
What's the biggest location, what's the overall employee count and how many employees work at London?
Make a prediction and tell us what you think about Barclays Layoffs 2021? Any 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
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
Major cuts in early 2016 will continue, you can rest assured. This has been reported widely.
...is a speeding freight train. http://www.wsj.com/articles/barclays-cut-in-half-as-europe-slims-down-on-wall-street-1470250141
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
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
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
I thought layoffs in Asia/Pacific and Europe were finished, and mostly senior guys got let go. Nobody knows what will happen next Tuesday, but I bet the conversion rate won't be impacted.
Sounds like Barclays couldn't even get this round of cuts right, according to Bloomberg today, they are going to cut another 275 from IB in May.
The crash of 2008 was good business for Barclays since they bought Lehman assets for pennies.
This is standard operating procedure these days. I guess you didn't get the memo.
How did international sales do in San Francisco and NYC?
wrong board buddy, this is barclays, not ubs, given that the same scenario is playing out at both places, no wander you are confused. yeah!
Getting fired 2 days before bonus numbers come out, priceless.
these cuts are pre-bonus?? classy barclays. this must be part of jenkins' new focus on doing business the honorable way, all the time.*
can someone email me one day when there are no ubs layoffs?
deep cuts across Europe but lighter in NY.
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
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
i know equity derivatives and research got hit.
Fixed income (sales/trading) annihilated, Chicago office as well as NYC.
820 managers to be let go. 4000 people were cut, and cuts will continue. we'll probably eliminate up to 7K people in 2014