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Latest News

Big bank gets bigger despite job cuts

by Personnel Today 25 Feb 2002
by Personnel Today 25 Feb 2002

Barclays
staff numbers grew by 2,400 last year, despite the bank cutting 1,800 back
office jobs.

Bank
spokeswoman Chris Tucker said new technology has reduced the need for some back
office staff, but more customer-relations positions have been created.

The
growth sees the total number of employees at the bank rise to 78,600.

Tucker
said longer opening hours will also create more jobs.

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HSBC
and NatWest have also cut backroom staff to more streamline operations.

By Quentin Reade

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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