LONDON (Alliance News) - Barclays PLC has told staff at its UK retail banking operation that 1,700 of them ? roughly equivalent to one employee per branch ? will lose their jobs, the Financial Times reports Friday.
The cuts, which come on top of 350 job losses triggered by the closure of a Coventry call-centre last week, were prompted by customers? increasing use of mobile and online services in preference to banking at its 1,500 branches, the FT quotes Barclays as saying.
http://www.ft.com/cms/s/0/f4421d1c-4d58-11e3-bf32-00144feabdc0.html?ftcamp=crm/email/20131115/nbe/UKMorningHeadlines/product&siteedition=uk#axzz2kcFJorK2
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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Barclays (BARC)