"Barclays Plans Hundreds of Investment Bank Job Cuts in Profit Drive"

1 min read
Source: Bloomberg
"Barclays Plans Hundreds of Investment Bank Job Cuts in Profit Drive"
Photo: Bloomberg
TL;DR

Barclays is set to cut several hundred jobs within its investment bank division, including in global markets, research, and investment banking, as part of a long-term effort to reduce costs and increase profits, with the cuts expected to target low performers in the coming months.

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