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BCS Barclays PLC

10.20
-0.05 (-0.49%)
Pre Market
Last Updated: 14:12:40
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.05 -0.49% 10.20 20,776 14:12:40

Barclays Cut 5,000 Jobs in 2023, Sky News Reports

09/01/2024 8:09am

Dow Jones News


Barclays (NYSE:BCS)
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From Nov 2023 to May 2024

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-- Barclays reduced its workforce by 5,000 globally in 2023, with a quarter of the cuts said to have affected its U.K. operations, Sky News reports citing unnamed sources.

-- The reduction was through a mix of redundancies and vacancies which won't be filled after last year's hiring freeze, Sky News reports.

-- The British bank is expected to update investors on its plan to cut costs and improve returns at its full-year results in February.

-- Barclays didn't immediately respond to a request for comment from Dow Jones Newswires.

 

Full story: http://tinyurl.com/4nxphrc9

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

January 09, 2024 02:54 ET (07:54 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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