Barclays: Move To Digital Will Force Major Job Cuts

By  |  March 10, 2013
 | 

Barclays’ boss Antony Jenkins is predicting that the bank’s increasing move towards digital channels could force the bank to cut as much as 40,000 employees in the next few years. According to Sky News the job cuts would be focused around Barclays’ investment bank’s back office and branch closures.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Advertisement: Scroll to Continue

    Read the full story here.


    Recommended

    Verra Mobility’s New Platform Turns Cars Into Verified Payment Actors

    Black Friday’s Big Traffic Shake-Up: Amazon Surges, Walmart Slips, Target Splits

    Mastercard Pushes Acquirers to Seize Hidden B2B Margins

    Consumers Expect Inflation to Stay High and Financial Stress to Rise

    See More In: