Barclays staff today face another day of bad news according to Unite the union, which represents the workforce at Barclays. The announcement that 520 jobs are under threat is another blow to the staff at the bank who have already this week woken up to speculation about significant job cuts by Barclays.
The job losses announced today will be from the corporate business division. Staff have been told that 400 roles being made redundant with a further 120 roles being placed at risk during 2014.
Dominic Hook, Unite national officer said: “More bad news for Barclays staff as 520 have been told today that their jobs are at risk. Barclays employees will be left reeling after another morning with Barclays job losses in the headlines.
“This constant insecurity will do nothing for the morale of the workforce. Unite is calling on Barclays to rethink these job losses and ensure that there are no compulsory redundancies at the bank.”
The announcement today will impact the following divisions: product & coverage originations, strategic change management, corporate operations and reconciliations. The areas of Northwich, London and Reading will be mainly affected.
In November 2013 Barclays announced it would cut 250 jobs from its PPI division, 1,700 staff from the branch network and 350 from the Coventry contact centre.
For further information contact Saba Edwards, Unite senior communications officer on: 07768 693 953.
Twitter: @unitetheunion Facebook: unitetheunion1
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.