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 the Catch 22. Revenue goes down, people are laid off to save on costs, which reduces revenue even further...
However, if they're planning to get rid of some of the management, which I wholeheartedly support... We can definitely use more talent among the useless lot we have right now at Barclays...