Barclays Blames Mobile For Branch Layoffs

Barclays staff were reportedly told that mobile banking, as well as other new banking channels, had reduced the need for in-person services. Managers, personal bankers and cashiers, among other branch staff, are facing the risk of lay-offs starting next year.

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Barclays intends to reduce 1,700 positions in 2014.

To learn more about the pending Barclays layoffs, read the full story here.

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