Barclays Plc is preparing to cut hundreds of jobs as soon as next week as the firm looks to trim costs amid quieter markets.

Barclays Plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong effort to trim costs and boost profits within the unit, according to ...

Barclays Plc is planning to cut hundreds of jobs across its trading and investment bank divisions, Bloomberg News reported on Friday, citing people familiar with the matter.

Barclays said it has axed around 5,000 jobs globally during 2023 to "simplify and reshape the business", with most of the roles affected in the technology side of the business.

Barclays PLC BCS has commenced job cuts across investment banking (IB) and research division, per people familiar with the matter. This move aligns with the company’s £2 billion cost-cutting ...

Barclays PLC says it plans to cut up to 2,100 jobs in its retail and commercial banking units, adding to redundancies of the same size in its investment banking arms.

Barclays is drawing up plans to cut hundreds of jobs, sources familiar with the matter said, as the bank trims its costs while embarking on a wider strategy review.

Financial services firms are expecting a rapid increase in jobs losses over the coming months as investment plans and ...

LONDON (Reuters) -Barclays is drawing up plans to cut hundreds of jobs, two sources familiar with the matter told Reuters, as the bank trims its costs while embarking on a wider strategy review.

London – Barclays is dismissing roughly 50 senior dealmakers as part of the banking giant’s annual culling of employees in its investment bank. The cuts are part of a plan to trim headcount by ...

Barclays analysts have reportedly increased their 2025 rate cut expectations to two from one amid softer U.S. labor market conditions and trade policy uncertainty. According to a Reuters report ...