British bank Barclays could cut 7.500 jobs at its investment bank and improve its securities unit. This is indicated by a Report by Sanford C. Bernstein. The most affected services in Europe will be those of currencies and raw materials with about 5 thousand fewer jobs. Between 6.500 and 7.500 job cuts, equivalent to 25-30 percent of the total workforce.
Sanford C. Bernstein: Barclays could cut 7.500 jobs
A report by Sanford C. Bernstein indicates this: the number is equivalent to 30% of the total workforce of the British bank.
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