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Barclays to Further Cut Jobs in Investment Bank, Sky News Reports

-- Barclays PLC is expected to cut more than 100 jobs in its investment bank this week amid a slowdown in dealmaking and stock market flotations, Sky News reported citing unnamed sources.

-- The British bank layoffs, which won't be focused in a single country or function, would be the second round of cuts after 200 jobs were trimmed in its investment bank on November, according to Sky News.

 

Full story: https://bit.ly/407TysQ

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

April 17, 2023 02:01 ET (06:01 GMT)

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