Barclays could axe up to 2,000 jobs in £1bn cost-cutting drive
by Mark Sweney from World news | The Guardian on (#6GMBK)
Shake-up expected to affect mainly back office roles in departments such as compliance, HR and legal
Barclays is reportedly working on plans to cut up to 2,000 jobs in a 1bn cost-cutting drive, weeks after the bank's bosses warned of the need to restructure to boost profits and dividend payments to shareholders.
The shake-up is expected to affect mainly back office jobs in departments such as compliance, human resources and legal, according to a source cited by Reuters.
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