Barclays Axes 800 Managers As It Boosts Branch Staff by 1,000

The ScotsmanJune 08, 2004

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Summary


BARCLAYS, Britain's third biggest bank, is planning a major drive to get customers back into its branches, after announcing that 1,000 posts will be created in customer services.

However, the move will be made at the expense of 800 middle- management jobs across the country, in what is being seen as one of the biggest shake-ups of the bank's UK operations in years.

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Barclays Axes 800 Managers As It Boosts Branch Staff by 1,000

The company, which has only four Scottish branches where there will be "minimum impact", said th...

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