TheCountOfNowhere Posted November 14, 2013 Share Posted November 14, 2013 http://www.bbc.co.uk/news/business-24947774 "Barclays is to cut 1,700 jobs from across its branch network in the UK, the bank has announced." Great news, 1700 more potential BTL investors to get into the london market. Who needs a job when there's fortune to be made in property. Well done. The jobless recovery is going well. 6 weeks to Christmas, got to love the timing. Quote Link to comment Share on other sites More sharing options...
Diver Dan Posted November 14, 2013 Share Posted November 14, 2013 Fewer Quote Link to comment Share on other sites More sharing options...
ccc Posted November 14, 2013 Share Posted November 14, 2013 People working in bank branches are highly unlikely to be getting into BTL investment anytime soon. Most of them probably earn less than many working in Tesco. Quote Link to comment Share on other sites More sharing options...
Ah-so Posted November 14, 2013 Share Posted November 14, 2013 (edited) No cuts in the investment bank, then? Heaven forbid - it is the part that makes the money, when it is not getting fined by regulators. Edited November 14, 2013 by Ah-so Quote Link to comment Share on other sites More sharing options...
CentrinoDuo Posted November 14, 2013 Share Posted November 14, 2013 Not investment bank. These are your day to day tellers, branch advisor and general staff. Hardly anyone would be on above average wages. Quote Link to comment Share on other sites More sharing options...
sf-02 Posted November 14, 2013 Share Posted November 14, 2013 Many staff in branches are on less than 20k (15k is quite common for a full time position). Hardly the greedy idiots in offices. I always wondered how people could stomach working for such low pay in bank branches when the company was making profits in the billions of pounds and those in HQ were on bonuses in the hundreds of thoasands or more. Throughly demoralising I'd have thought. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 14, 2013 Author Share Posted November 14, 2013 People working in bank branches are highly unlikely to be getting into BTL investment anytime soon. Most of them probably earn less than many working in Tesco. You aint big on sarcasm are you? Quote Link to comment Share on other sites More sharing options...
ccc Posted November 14, 2013 Share Posted November 14, 2013 You aint big on sarcasm are you? Its far from obvious !! Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted November 14, 2013 Share Posted November 14, 2013 Fewer Quite. It really annoys me that one. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted November 14, 2013 Share Posted November 14, 2013 Quite. It really annoys me that one. Are bankers not uncountable? Sorry, I was thinking of unaccountable. Quote Link to comment Share on other sites More sharing options...
albimac Posted November 14, 2013 Share Posted November 14, 2013 1384466184[/url]' post='909430414']Its far from obvious !! It was I'm afraid . Quote Link to comment Share on other sites More sharing options...
TwoWolves Posted November 14, 2013 Share Posted November 14, 2013 Poor sods. Strange really, every Barclay's branch I ever walk into is heaving and with long queues for the counters. They also out-source all their support/IT to India massively, they are contributing to the bankruptcy of their own customers in the long run. Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted November 15, 2013 Share Posted November 15, 2013 Poor sods. Strange really, every Barclay's branch I ever walk into is heaving and with long queues for the counters. They also out-source all their support/IT to India massively, they are contributing to the bankruptcy of their own customers in the long run. How do the Indian workers feel about it? No idea. But we're all in it together. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 15, 2013 Author Share Posted November 15, 2013 Its far from obvious !! Did you miss my other 8000 posts ? Quote Link to comment Share on other sites More sharing options...
albimac Posted November 15, 2013 Share Posted November 15, 2013 1384472967[/url]' post='909430461']Poor sods. Strange really, every Barclay's branch I ever walk into is heaving and with long queues for the counters. They also out-source all their support/IT to India massively, they are contributing to the bankruptcy of their own customers in the long run. The experience I have in my local Barclays (Fleet) is the opposite. They are very efficient at getting people through, with any disruptions usually caused by old people being stupid e.g new system In place for paying in cheques, just take it straight to the cashier with no deposit slip required. Quote Link to comment Share on other sites More sharing options...
winkie Posted November 15, 2013 Share Posted November 15, 2013 Just a further stage of automation.....people who needs them. Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted November 15, 2013 Share Posted November 15, 2013 Poor sods. Strange really, every Barclay's branch I ever walk into is heaving and with long queues for the counters. They also out-source all their support/IT to India massively, they are contributing to the bankruptcy of their own customers in the long run. I have a relative working for Natwest, they've been progressively slimming their branch staff to the absolute minimum. They've also just introduced a new £6 charge if you go overdrawn by more then £10 (arranged). A sign of financial sector innovation and efficiency, to be sure. Quote Link to comment Share on other sites More sharing options...
Guest TheBlueCat Posted November 15, 2013 Share Posted November 15, 2013 Are bankers not uncountable? Sorry, I was thinking of unaccountable. I think we have aleph-0 of them so countable not uncountable. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted November 15, 2013 Share Posted November 15, 2013 Bbc 5live reported this as people using their phones to bank so one in every branch staff being sacked. Sounds dreadful for morale but it could have been the beebs spin. Quote Link to comment Share on other sites More sharing options...
onlyme2 Posted November 15, 2013 Share Posted November 15, 2013 The bailouts were to save bank jobs bonuses for the same crew who gambled and were bailed out in the first place. Quote Link to comment Share on other sites More sharing options...
xiox Posted November 15, 2013 Share Posted November 15, 2013 Quite. It really annoys me that one. Shame the fewer/less rule was made up by some bloke in 1770: http://english.stackexchange.com/questions/495/less-vs-fewer Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted November 15, 2013 Share Posted November 15, 2013 Bbc 5live reported this as people using their phones to bank so one in every branch staff being sacked. Sounds dreadful for morale but it could have been the beebs spin. Think I have had an internet bank account for about 12 years? Can`t imagine going into a branch for anything really. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.