Tuesday, Jan 13, 2009
It just gets worse.....
BBC: Barclays planning 2,100 job cuts
Barclays is to cut at least 2,100 jobs globally across its investment banking and wealth management businesses, the BBC has learned.
Posted by alan @ 06:45 PM (438 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. davecrash said...
Hang on didn't Barclay's just buy what was left of Leman Brothers late last year. I would have thought their investment banking arm would have been growing not shrinking. It must have been more worthless than everyone thought.
2. fjcruiser said...
barclays has a huge exposure to CDS.Not surprising they are cutting staff. I think it is only the first wave.
3. You_talkin_to_me? said...
Wow now there will be a lot of pent up demand for cardboard boxes (to live in).
4. Ilejustwait said...
know I can see why there shares dropped today !!