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Barclays in London
Expecting more cuts: Barclays announce further job losses

Barclays to cut further 2,100 UK banking jobs

14 Jan 2009


Barclays Plc said it is cutting more UK-based jobs in its retail and commercial banking businesses, which is likely to see a further 2100 jobs go.

"Barclays continually reviews its operations and resources so that they function efficiently as business needs and customer requirements evolve. In the current market conditions, this is particularly important," Barclays said in a statement.

The latest losses are on top of cuts in its investment banking and investment management (IBIM) units announced on Tuesday - expected to total 2100, with 400 job losses in its UK technology departments announced last week.

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