Topics regarding layoffs at Barclays plc

Topics regarding layoffs at Barclays plc

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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Post ID: @OP+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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Post ID: @OP+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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| 3600 views | | 1 reply (August 29, 2018)
Post ID: @OP+QfdKj7q

The light at the end of the tunnel...

...is a speeding freight train. http://www.wsj.com/articles/barclays-cut-in-half-as-europe-slims-down-on-wall-street-1470250141

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Post ID: @OP+IIqJRgo

Global cash equities layoffs

Major cuts in early 2016 will continue, you can rest assured. This has been reported widely.

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Post ID: @OP+ENH79bJ

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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| 4400 views | | 1 reply (December 16, 2014)
Post ID: @OP+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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Post ID: @OP+u9x95Ih

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...

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 

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Post ID: @OP+ofiaWwu

these cuts are pre-bonus?? classy barclays

these cuts are pre-bonus?? classy barclays. this must be part of jenkins' new focus on doing business the honorable way, all the time.*

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Post ID: @OP+ofXPTxQ

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