Barclays to cut 2,100 jobs globally
British banking giant Barclays will cut 2,100 jobs in its investment banking and investment management arms globally, a bank source told AFP on Tuesday.
Barclays PLC said on Friday it has hired 10 investment bankers in Japan but cut 30 jobs elsewhere in the region as part of the British bank's efforts to cut costs and reshape itself in the wake of acquiring parts of Lehman Brothers Holdings Inc.