Location: New York, NY, USA.
Department affected: Technology.
Based on news reporting.
Barclays Services Corporation has announced the layoff of 200 employees within its technology department, coinciding with new office policy changes that require more in-office work. This decision reflects the company's ongoing adjustments to its operational strategies as it navigates a changing work environment. The layoffs are part of a broader trend in the financial services sector, where firms are reevaluating their workforce needs in response to evolving market conditions. The affected employees are primarily based in New York, where the company is focusing on optimizing its technology operations.
Barclays Services Corporation cut 200 jobs affecting its Technology team as of October 1, 2023.
That is roughly 0.2% of the 83,000 people Barclays Services Corporation employs.
LayoffTalk has tracked 8 layoff events at Barclays Services Corporation since October 2023, affecting a combined 1,585 employees.
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