40,000 Barclays staff to go?

Adrian Holliday

Barclays head count could be decimated. The chief exec of Barclays, Antony Jenkins, has predicted that increasing automation of basic banking services may see 40,000 staff let go.

Currently Barclays has around 140,000 on its pay roll. If correct, that's close to a 30% cut in staff numbers. The start of a massive redundancy program?%VIRTUAL-SkimlinksPromo%