Summary
THE boss of banking giant Barclays yesterday said staff levels could be cut by around 3,000 this year as job losses in the industry continue to mount.
Barclays, which has 56,900 staff in the UK, has reduced its headcount by 1,400 so far this year across the group and this trend will continue and increase, chief executive Bob Diamond said.See the full content of this document
Extract
; Staff Levels at Barclays 'Could Fall 3,000' in 2011
The warning came as Barclays reported a 33% drop in profits to pounds 2.6bn after it took a pounds 1bn hit to cover compensation for customers who were missol...
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