Barclays Plans £1 Billion Cost Cuts, Reuters Says

Barclays Plc is working on plans to reduce costs by as much as £1 billion ($1.3 billion) over several years, which could involve slashing as many as 2,000 jobs, according to Reuters. Bloomberg's Lizzy Burden reports.
--------
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: www.bloomberg.com
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness

[@Frenchieeeee]

what a world we live in, where companies hire "advisors" to help them pump their stocks rather than focusing on improving their business.

[@engineered-mind]

Using layoffs as a cost cutting measure is terrible for a business

[@Anthony-dj4nd]

Layoffs

[@taresy6789pp]

This is not funny some have families to feed and support 😢😮

[@2023gainer]

35 % Gains month..SOUN... SoundHound.. 3rd qt revenue jumped 52 % over 2nd qt 2023.. Voice AI tech Growth increasing.

[@ghosthdel3098]

so you can sell yours that you bough at a cheap? what a scammer you are hahahahahhah

[@ju_anne1415]

A push for CBDC.

[@SoloSi2024]

Dreadful service from this bank. Their business team weren't available in person, only by phone. They made a ridiculous evidence request to prove the existence of our small community account. We agreed on a simplified version which I provided within time, but they still closed our account anyway.

[@zenzeleluckymtshali8433]

hi