Barclays confirms 14,000 jobs to go

May 08, 2014, 2:24 AM EDT
The Barclays building in Midtown Manhattan on September 16, 2013, in New York City.
John Moore/Getty Images/AFP

Barclays is to cut up to 14,000 jobs this year as part of a new strategy, the company has announced. The number is higher than the 10,000 to 12,000 jobs that the bank said earlier this year that it wanted to cut.
Background:
Barclays to cut 14,000 jobs as investment bank shrinks [BBC]
Barclays to cut 7,000 jobs at investment bank by 2016 [Bloomberg]

TAGS: Barclays
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