Barclays: Plan cost savings, cuts of 30,000 employees – Dagens Industri

Barclays: Plan cost savings, cut down by 30,000 employees

                  2015-07-20 09:00
             

 (SIX) British Barclays Bank plans to cut 30,000  employees within two years. The cut is part of a  cost reduction program at Group comes after the bank  fired former CEO Antony Jenkins earlier this month.       It reports the British The Times.       The Bank aims to reduce global workforce to below  100,000 employees until the end of 2017, which should remedy  Bank substandard performance recently and achieve the goal of  doubling the share price.      Anna Sundström  mailto: anna.sundstrom@six-group.se  www.blogg.six.seSIXNews  SIX News