Barclays (BCS) Plans to Slash Hundreds of Investment Bank Jobs
BCSBarclays(BCS) Zacks Investment Research·2024-03-22 00:25

Barclays PLC (BCS) plans to cut several hundred jobs across its investment bank division. The cuts, expected to take place in the coming months, are a result of the bank’s annual review process. The news was first reported by Bloomberg, citing people familiar with the matter.The slashes are expected to affect the workforce in global markets, research and BCS’ investment banking arm.Barclays stated, “We regularly review our talent pool to ensure that we can invest in high-performing talent, execute on our st ...