Unite has today (Tuesday 19 June 2018) condemned Barclays bank for the announcement of 200 job losses at its Merchant Services Operations and Technology Divisions at the Cardarn House offices in Pentwyn, Cardiff. Around 170 workers in Cardiff have today been informed that the work they do for the bank is being transferred to the bank's Northampton site and that around 30 additional roles are also moving to India.
Today’s news is yet another devastating blow to the beleaguered finance sector in Wales, which has seen the loss of thousands of jobs in recent years as banks continue to restructure and close business operations and local high street branches across the country.
Unite, which represents staff across Barclays bank, has called upon the company to halt the job loss plans and to rethink their UK business strategy. Barclays has today also announced the loss of 183 jobs at its Coventry site. Unite is strongly opposing these job losses which offer limited options for alternative redeployment for impacted staff and deliver a massive blow to Cardiff and the wider economy of South Wales.
Andrea Jones Unite Wales regional officer said: “Barclays bank has decided to cut these jobs based on a completely flawed business rationale. This is devastating news for our members who work at the Pentwyn site. Many highly experienced and skilled staff face losing their jobs with little prospect of redeployment within the bank.
“Unite is clear that Barclays bank is failing in its responsibilities to its staff and customers. Unite is demanding that the bank think again and revisit these damaging and ill-conceived plans.
“Today’s announcement is a particularly bitter pill for the workforce in Cardiff as it follows on from a number of recent site closures in Wales. By the time that these planned staff cuts are made the Barclays Cardiff workforce will be just a fraction of the size that it was five years ago. On a wider level, there is an urgent need for the Welsh government to develop strategies to both support finance sector jobs based in Wales, and to put in measures to both retain and increase employment in a sector that has been severely hit in recent years.
“Unite will be campaigning strongly for Barclays to reverse these devastating cuts and we will be urgently seeking the support of the Welsh government and Welsh ministers to use their influence to both oppose these job and losses and support our members in every way possible during this difficult period."
Unite officers and staff are now on site in Cardiff supporting our members and will remain with them over the coming days. Unite is the recognised union representing staff across Barclays.
For further information please contact Unite press and media on 02920 394521 or email@example.com alternatively contact Glyn Conolly on 07974 131771
Notes to editors
- Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.