Barclays says back-office jobs at risk as it seeks cost savings
Group Chief Executive of Barclays, C.S. Venkatakrishnan. Photo: Vernon Yuen/NurPhoto via Getty Images
Barclays has told staff hundreds of back-office jobs are at risk as part of its push to reduce costs and boost returns.
The UK-based lender, whose chief executive is CS Venkatakrishnan, informed workers at Barclays Execution Services of 900 potential redundancies on Tuesday, according to a statement by the union Unite.
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