Summary
BARCLAYS announced yesterday that it is to cut more than 2,100 jobs, as research showed that white-collar City workers will bear the brunt of the UK financial meltdown.
The banking giant said the jobs would be lost worldwide, with many workers getting the sack in London, which is one of its main international offices.See the full content of this document
Extract
2,100 Jobs Are Axed As Barclays Leads City Cull ; Job Cuts
It is understood around 1,300 jobs will go at Barclays Capital, around 500 at Barclays Wealth and around 370 at Barclays Global Investors.
The job cuts come...See the full content of this document
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