Barclays to cut 4,200 jobs

Wednesday 14th January 2009, 12:13PM GMT.

Barclays to cut 4,200 jobsBarclays is due to confirm further job cuts of 2,100, one day after sources said an identical number of jobs were going elsewhere in the company.

inthenews.co.uk understands that 2,100 jobs from the bank’s retail and commercial banking divisions will go.

On Tuesday Barclays sources indicated that 2,100 jobs were also being cut from the bank’s investment banking and investment management (IBIM) arm.

More to follow



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