LONDON, Sept 5 (Reuters) - Barclays is cutting over100 technology and back office jobs from its offices inSingapore, a source with direct knowledge of the matter said onMonday, as it seeks to reduce costs by relocating those roleselsewhere.
The source declined to comment on the exact number of jobsto be cut in Singapore but said it is fewer than 200.
The majority of the roles will be transferred to India, thesource said, declining to be identified because the matter isnot public.
"We have now identified a number of additional roles thatcarry out global activity in Singapore which can be relocated,"a spokeswoman for Barclays said in an e-mailed statement.
"Regrettably, this will mean that roles will fall away inSingapore, and so we are working closely with the colleaguesimpacted to ensure they are supported throughout the process,"the statement said.
Barclays joins rival British lenders Lloyds Banking Group and Royal Bank of Scotland in relocating ITjobs from higher cost centres to India in recent years.
In January, Barclays said it will cut about 1,000 jobs ininvestment banking worldwide and close its cash equitiesbusiness in Asia, as Chief Executive Jes Staley wields the axein a bid to reduce costs.
Bloomberg earlier reported the British lender would becutting 100 jobs in Singapore. (Reporting by Lawrence White; editing by Susan Thomas)