Barclays to Lay off More Than 1,000 Jobs, Union Says; Barclays Denies Number
March 04 2020 - 7:36AM
Dow Jones News
By Ian Walker
Barclays PLC is cutting more than 1,000 jobs in the U.K., the
Unite union said Wednesday, a number that is denied by the British
Bank.
Unite--a recognized trade union in Barclays--said that the bank
is closing its Leeds processing site by the end of the year, with
the loss of 800 jobs. It also says a further 345 jobs are going
across the country, including 157 in Coventry.
A Barclays spokesperson said the number quoted by the union
isn't correct and that a total of 250 jobs are going.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
March 04, 2020 07:21 ET (12:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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