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home / articles / BCS - Barclays Plans To Cut Up To 2000 Jobs To Save Up To $1.25B: Report | Benzinga

BCS - Barclays Plans To Cut Up To 2000 Jobs To Save Up To $1.25B: Report | Benzinga

Barclays PLC

Barclays PLC (NYSE: BCS) reportedly plans to trim as many as 2,000 jobs to save costs and boost its profitability.

The British bank is planning to reduce headcount mainly at Barclays Execution Services as a part of the overall target of reducing expenses by up to £1 billion ($1.25 billion) across the group over several years, as per Reuters.

The cost-saving target represents about ...

Full story available on Benzinga.com
Stock Information
Company Name: Barclays PLC
Stock Symbol: BCS
Market: NYSE
Website: barclays.com
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