Barclays Layoffs April 2024 Schedule. Barclays is under pressure to increase returns and cut costs. Barclays is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a years long efforts to trim costs and boost profits within the unit, sources said.
The layoffs come after barclays disclosed a 7% y/y slump in income tied to its investment bank unit in q1, amid a drought in dealmaking and capital markets activity. 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.
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