Barclays Layoffs April 2024 Schedule. In today's results presentation, barclays explains its intention of cutting £2bn in costs between 2024 and 2026, of which £0.7bn will come from the corporate. Barclays plc is set to cut several hundred jobs within its investment bank division it attempts to trim costs and boost profits within the unit, bloomberg reported.
Barclays and citigroup are set to cut jobs from their investment bank divisions, people familiar with the cuts told bloomberg on wednesday. Barclays has kicked off a fresh round of redundancies, cutting a few hundred roles at its investment bank as it ramps up efforts to tackle underperformers.
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