Explore career opportunities at Barclays and help us build tomorrow's bank. Freight lorries cannot cross by sea or through the Eurotunnel and the Port of Dover has closed to outbound traffic, Police officers at Euston Station, London, with more being deployed to enforce travel rules at London’s stations, Prime Minister Boris Johnson speaks during a news conference in response to the ongoing situation with the coronavirus disease pandemic, inside 10 Downing Street, London. You can find our Community Guidelines in full here. The Barclays Coventry workforce has already faced a large number of job losses in recent years. Independent Premium Comments can be posted by members of our membership scheme, Independent Premium. Lloyds and Direct Line also announced they would shed hundreds of staff this year. Connecting with customers and clients. 15 Barclays jobs and careers on totaljobs. Specialist early careers programmes for the digitally and technologically minded. The bank had planned the sweeping job cuts as part of a massive restructuring plan under new chief executive Noel Quinn. Barclays graduate programmes. 7:35AM BST 08 May 2014 . Want an ad-free experience?Subscribe to Independent Premium. Barclays Bank PLC. “This will enable us to innovate at pace for the customers and clients we serve. The existing Open Comments threads will continue to exist for those who do not subscribe to Independent Premium. Some had been at Barclays … Follow us for breaking news and latest updates: This field is for validation purposes and should be left unchanged. All staff whose jobs are moving […] British multinational bank Barclays already cut 3,000 jobs in the second quarter, CEO Jes Staley and CFO Tushar Morzaria confirmed on an earnings call in August. Citi opted for an open-ended pause, which is now being lifted. Barclays said it is also supporting staff in the process of being made redundant, the memo seen by Reuters said. Around 100 staff have been given the option to move to other sites in Leeds or work from home. Find out about our early career options. Barclays uses cookies on this website. Business | Economy | Job News: Live - Georgia State Senate Meeting on 2020 Election Fraud 12/30/20. At the end of last year, the group employed 83,500 staff, according to its annual report. The announcement comes after HSBC revealed plans to cut 35,000 jobs globally including “meaningful” cuts in the UK. Of this number around 15 of the roles are being transferred to India, and 20 people will work remotely from home. A Barclays spokesperson said: “In order to drive collaboration, Barclays is moving teams closer together at our UK sites in Glasgow, Greater Manchester and Northampton; where we are investing in new campuses and office space. We’ll get you noticed. Start your Independent Premium subscription today. In 2018, the bank’s bonus pool grew for the first time since 2013, climbing nine per cent to £1.65bn. The changes will see jobs move to Manchester, Northampton, Sunderland and a new flagship site in Glasgow. To accept cookies click the button on the right and continue browsing as normal. Barclays has said it will cut 3,700 jobs following a strategic review, as it aims to reduce costs by £1.7bn. A Barclays spokesman confirmed the contents of the memo to Reuters. Read more: HSBC’s drastic reforms still leave the big questions unanswered. The boss of banking giant Barclays has warned that staff levels could be cut by around 3,000 this year as job losses in the industry continue to mount. is taking place, Hindu monks set up Diya lamps at the BAPS Neasden Temple, London, on this morning of Diwali, Dominic Cummings, special advisor for Britain's Prime Minister Boris Johnson leaves 10 Downing Street, A surfer silhouetted against the waves at Tynemouth, near North Shields, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}, Barclays cuts jobs as overhaul affects 1,000 employees across UK, You may not agree with our views, or other users’, but please respond to them respectfully, Swearing, personal abuse, racism, sexism, homophobia and other discriminatory or inciteful language is not acceptable, Do not impersonate other users or reveal private information about third parties, We reserve the right to delete inappropriate posts and ban offending users without notification. Read our full mailing list consent terms here. Barclays Jobs - December 2020 | Indeed.co.uk Skip to Job Postings , Search Close HSBC, Lloyds and Barclays are expected to make profits of £3.8billion, £631million and £1.5billion respectively in 2020, while state-backed NatWest is tipped to make a loss of £743million. Create a commenting name to join the debate, There are no Independent Premium comments yet - be the first to add your thoughts, There are no comments yet - be the first to add your thoughts. From today same-sex couples across Northern Ireland are able to marry through the official conversion of existing civil partnerships following a change in the law, Shoppers on Oxford Street in London on the first weekend following the end of the second national lockdown in England, Swimmers wearing fancy dress take to the water for a charity ‘fancy dress chilly dip’ swim in the sea at Leasowe Bay, northwest England. He announced London and southeast England set for tier 4 rules with Christmas bubbles canceled, Actors from the Wintershall Estate perform an adaptation of their traditional Nativity play on December 18, 2020 in Guildford, England. Around 50 of these will be cut with the remainder moved to other sites including Glasgow and Northampton. They are stored locally on your computer or mobile device. Read more: Coronavirus: Barclays, Lloyds, HSBC and RBS suspend dividends. Follow • Investment bank to lose 7,000 jobs • … A further 345 employees at 20 locations across the country have been put on notice that their jobs a will be cut or relocated. A strengthened tiered system of restrictions has been introduced, Artic Fox, Flo, investigates a stocking of treats in her enclosure as part of a Christmas enrichment programme at the wildlife conservation charity Wildwood Trust in Herne Bay, Kent, A man carrying a Christmas tree walks past a mural depicting a Saltire design in Leith, Edinburgh on St Andrew's Day, Wolverhampton Wanderers’ Leander Dendoncker warms up before the Premier League match against Arsenal at the Emirates Stadium, London, Police officers wearing a protective face coverings speak with a protester during an anti-lockdown protest against government restrictions designed to control or mitigate the spread of the novel coronavirus, on Regents Street in London, Protesters from Peta animal rights group demonstrates against fox hunting in Westminster, A billboard displays a Manchester City Council message about the city's Covid alert level, Chancellor Rishi Sunak visits the Imperial Clinic Research Facility at Hammersmith Hospital in London, Freight lorries queueing along the M20 in Kent waiting to access the Eurotunnel terminal in Folkestone, A palette of changing colours as the sky lights up before sunrise at St Mary's Lighthouse in Whitley Bay, Tyne and Wear on the North East coast, Daniil Medvedev poses with trophy after winning the singles final during day eight of the ATP Finals at The O2 Arena, London, Members of the public walk through the city centre on the first day of tier four coronavirus restrictions in Stirling, Scotland. The losses include 1,700 jobs cuts already announced in the retail part of the bank, including many in branches. The bank announced last year that its Leeds site would close down after the landlord decided to redevelop it but union bosses criticised the lender on Wednesday for failing to move jobs locally. “Unite has argued for some time that the bank has a social responsibility not to walk away from its committed workforce in Leeds. NHS England figures show England's hospitals now have more Covid-19 patients than during April's first-wave peak, with reports of ambulances carrying coronavirus patients forced to queue outside hospitals, A lorry travels along the M9 near Falkirk, Scotland after severe lockdown restrictions were announced for December and January with all of the country moving into the highest level of lockdown, Krystyna (right) pulling Isaac,7, making the most of the snowfall, going sledging in Tatton Park, Knutsford, in Cheshire, Anthony Gleave and his son Arthur, 3, canoe along the flooded A1101 in Welney, Norfolk, Leicester City's Jamie Vardy, left, celebrates with James Maddison after scoring their second goal during the boxing day Premier League match against Manchester United at King Power Stadium, Picture taken with permission from the Twitter feed of @markstockdale69 showing snowfall on Christmas Day in Hessle, East Yorkshire, Prime Minister Boris Johnson gestures as he holds a remote press conference to update the nation on the post-Brexit trade agreement, inside 10 Downing Street, Swimmers prepare for dip in the Thames estuary at Chalkwell Beach near Southend On Sea in Essex, The MS Princess Seaways arrives at the mouth of the Tyne as the sun rises on the North East coast of England, The closed entrance to the Port of Dover. Barclays refused to disclose where exactly the other jobs … Discover career opportunities at Barclays and help us redefine the future of finance. by Banksy in Totterdown, Bristol, Wollaton Hall in Nottingham which has been transformed into an enchanted light experience to create Christmas at Wollaton Hall, a unique, socially distanced festive outdoor light installation, British Prime Minister Boris Johnson adjusts his face mask as he meets European Commission President Ursula von der Leyen in Brussels, Margaret Keenan, 90, is applauded by staff as she returns to her ward after becoming the first person to receive the Pfizer-BioNtech Covid-19 vaccine at University Hospital in Coventry, Amanda McGurk (left) and Cara McCann outside Belfast City Hall after becoming the first couple in Belfast to convert their civil partnership into a marriage. To accept cookies click the button on the right and continue browsing as normal. (Financial Services Register number: 155595). Bloomberg reports that Barclays is letting go of around 100 senior people in its investment bank globally, with trimming taking place in London and Asia before end of year results and bonuses are announced in February. Barclays Investment Solutions Limited is authorised and regulated by the Financial Conduct Authority. We will do everything we can to support colleagues impacted by the changes announced today, working closely with Unite.”. The event was held to raise money for the Age UK charity and involved participants from an open water swimming club, The sun sets behind the Palace of Westminster, the home of the Houses of Parliament in central London, The finishing touches are put to a 40ft Christmas Tree at Somerset House in London, A swimmer takes to the water at Serpentine Swimming Club after the second national lockdown ends in England. A career at Barclays is truly unique and there’s no other business quite like Barclays. A spokeswoman for Barclays in London declined to comment on the cuts, which are among the first to be implemented by a major investment bank in 2020. Barclays is to cut 250 jobs across a number of UK sites and shut down a large office in Leeds as part of an overhaul that will affect around 1,000 staff. Some banks, including Morgan Stanley, ruled out job cuts for the rest of 2020. Barclays is to cut 19,000 jobs by 2016, with more than 9,000 to go in the UK, the bank has said. Barclays uses cookies on this website. Please be respectful when making a comment and adhere to our Community Guidelines. They are stored locally on your computer or mobile device. Start your technology career with us Explore other roles. Barclays announces 3,700 job cuts. Find a role that’s right for you and learn more about what we can offer. Apply to Barclays jobs now hiring in Glasgow on Indeed.co.uk, the world's largest job site. It is the latest example of banks looking after their employees during the pandemic. The British bank has a history of cutting people around this time of year (before bonuses are paid) and 2020 is no different. Sadly, when cost-cutting workouts are put into place it’s usually workers who really feel the brunt of those modifications. The Financial Conduct Authority (FCA) has fined Barclays Bank and Clydesdale Financial Services Limited (Barclays) £26 million. Barclays has announced support measures for business customers who have been affected by the coronavirus outbreak. Apply to Barclays jobs now hiring on Indeed.co.uk, the world's largest job site. Investment bank bears brunt of cuts at Barclays where 19,000 jobs will be lost By Harry Wilson, Banking Editor. How to kick off the New Year the right way, Coronavirus: Barclays, Lloyds, HSBC and RBS suspend dividends, HSBC’s drastic reforms still leave the big questions unanswered. Leeds office to close down with many staff told they can keep their jobs – if they move to Sunderland or Manchester, Find your bookmarks in your Independent Premium section, under my profile. Tuesday April 14, 2020 11:32 am Barclays has told staff this week that it will halt a round of job cuts and offer financial support to employees hit by recent redundancy programmes amid the Covid-19 crisis. Almost half of those job losses will come at its investment bank. Want to bookmark your favourite articles and stories to read or reference later? The lender said it would support staff by paying up to 80 per cent of an employee’s wages up to £2,500 per month in an offering modelled on the government’s furlough scheme. FCA makes major changes following LCF and Connaught review. 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