- The Times has reported this weekend that Barclays is set to introduce a “radical redundancy” programme that could see 30,000 staff lose their job within the next two years.
- This would see its global workforce reduced by approximately a quarter and fall below the 100,000 figure by the end of 2017.
- The company’s Transform strategy highlights a commitment to the “integration of new technologies, including cloud-based platforms” which it says “will lead to significant reductions in headcount, physical IT infrastructure and data centres” – and it’s likely that this is what Barclays wants to see more of.
Barclays Set to Cut 30,000 Jobs as It Looks to Increase Automation and Reduce Costs
7. 20. 15 by Greg Richards