This thread is for info about potential Barclays layoffs? Any chatter, news or rumors?
5 replies (most recent on top)
The layoffs are related to them missing targets, not AI related, just leaving every remaining employee in a state of fear
@1aks so what is the actual package Barclays gives for redundancy
I feel Barclays are gearing up for another round of redundancies.
The latest internal message talks about building a workforce plan to streamline the business, which suggests many areas will be affected in the UK and potentially beyond.
The reality is that Barclays are investing heavily in AI and it's becoming increasingly clear that they're using it to reduce the number of roles they need across the organisation.
They don't know anything just doing acquisitions and cutting jobs
Whippany has 64 layoffs posted in the NJ Warn site today.