News: Barclays slashes 1700 jobs

Strategic HR

Barclays slashes 1700 jobs

British bank, Barclays, announced that it will slash 1,700 jobs in the UK owing to automation. The bank said that technology will enable the bank to better serve customers with fewer staff. The company announced a voluntary redundancy scheme for those colleagues who are interested. The bank stated that the jobs that will be affected include cashiers, personal bankers, operational specialists, branch managers, and assistant managers.

British bank, Barclays, announced that it will slash 1,700 jobs in the UK owing to automation. The bank said that technology will enable the bank to better serve customers with fewer staff. The company announced a voluntary redundancy scheme for those colleagues who are interested. The bank stated that the jobs that will be affected include cashiers, personal bankers, operational specialists, branch managers, and assistant managers.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #International

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