Barclays to Cut 422 Technology Staff
Barclays Plc is to cut up to 422 staff in technology support. This is after thousands of redundancies were announced by rival Royal Bank of Scotland.
Barclays said the cuts are due to a restructuring of its technology and infrastructure division and most of the jobs affected are in Britain, with some overseas. It said it will attempt to redeploy staff and limit compulsory redundancies.
Unite union slammed the cuts and the bank’s decision to move some of the roles to Lithuania.
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