Barclays to Axe Over 400 Jobs
by Staff Writer on January 13, 2012
by Alan Jones
The finance sector suffered a fresh jobs blow today when Barclays
announced plans to axe over 400 posts under “essential changes” to its
technology and infrastructure division.
The bank said it would make every effort to mitigate compulsory redundancies, pointing out that the 422 job losses represented 0.74% of its UK staff.
David Fleming, national officer of the Unite union, said: “The decision by Barclays Technology to cut 422 jobs is a New Year’s blow for the staff.”
Read the full story at The Independent.
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