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Barclays to Cut More Than 100 Investment Banking Roles, Sky Says

Barclays to cut over 100 roles in investment banking division in second round of layoffs, not confined to single country or function amid deal activity slowdown and rising interest rates

  • Barclays to cut over 100 roles in investment banking division, second round of layoffs in less than six months.
  • Layoffs aren't confined to a single country or function within the business, deal activity has slowed as lenders come under pressure from rising interest rates.
Barclays to Cut More Than 100 Investment Banking Roles, Sky Says
Barclays Plc will this week cut more than 100 roles in its investment banking division, the second round of layoffs in less than six months, according to Sky News.

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