Barclays Mulls 280 Job Cuts, Relocations in UK
22 Janvier 2019 - 3:49PM
Dow Jones News
By Adam Clark
Barclays PLC (BARC.LN) said Tuesday that it is considering
cutting 280 jobs in Leeds, England, where it has call-center
operations.
The FTSE 100 bank said around 115 jobs would be relocated to
offices in Manchester, Liverpool and Sunderland. The redundancy
process is expected to conclude at the end of May.
Around 800 employees will remain at the Millshaw Court site in
Leeds, where Barclays has secured an extension of its lease until
2021. Barclays said the office's landlord has put it up for sale
with planning permission for residential development and that it
will explore alternative sites.
Trade union Unite called on Barclays to reconsider the "deeply
irresponsible" decision, which it said would harm the business and
customer experience.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
January 22, 2019 09:34 ET (14:34 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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