Barclays is putting 900 jobs in its UK business at risk of redundancy as it looks to cut costs, the trade union Unite has said.
The union said roles across a number of divisions, including its Barclays International arm and Barclays Execution Services, which provides technology, operations and functional services to businesses across the group, will be cut.
Barclays did not confirm numbers, however, the bank said it is taking actions to cut its workforce “as management layers are reduced and the group improves its technology and automation capabilities”.
A spokesperson for Barclays said: “We are taking a number of actions to simplify and reshape the business, improve service, and deliver higher returns.
“This includes changes to our headcount as management layers are reduced and the group improves its technology and automation capabilities.
“We are committed to supporting impacted colleagues through these changes.”
Unite is urging the bank to avoid all compulsory redundancies and to redeploy staff in the affected areas of the business.
Unite national industrial coordinator Dominic Hook said: “As the festive season approaches 900 staff will be fearful of what their futures hold.
“With jobs at risk, workers face real worries about how their families will cope as food and fuel prices rise.”
More to follow…
