Barclays Cuts 184 Positions In 2 Liverpool Centers
23 Giugno 2009 - 2:39PM
Dow Jones News
U.K. bank Barclays PLC (BARC.LN) said Tuesday it will cut 184
job positions in two centers in Liverpool, a move that contributes
to the worsening employment outlook in the U.K. financial services
industry.
A Barclays spokeswoman said the positions, which were part of
the bank's individual savings account (ISA) processing staff, had
to be cut as operations have become more computerized, therefore
cutting the need for manual processing.
The spokeswoman said the final job cuts figure will be "a lot
lower" than 184 because those affected are being encouraged to
apply for "significant opportunities for redeployment" within the
bank. She wasn't able to say how many other jobs are open within
the bank.
The cuts come just a week after Barclays accepted a GBP8.2
billion offer from BlackRock Inc. (BLK) to purchase its Barclays
Global Investors business.
In January, Barclays said it had identified 2,100 jobs that were
at risk in its U.K. Global Retail & Commercial Banking
division. The ISA processing staff are part of that division.
The spokeswoman wasn't able to say how many of the 2,100
identified positions have already been cut.
When asked how many more job cuts could be expected, the
spokeswoman said that "there is nothing in the pipeline at the
moment, but we're always reviewing our operations and resources to
ensure we're meeting business needs and customer requirements."
Barclays' Web site shows the bank has about 155,000 employees
worldwide.
Rob MacGregor, national officer for the traded union Unite, said
Unite opposes the job cuts. "This represents a short-term approach
to savings by the bank, at a cost to the skills base and economy of
the local community," he said.
MacGregor said Barclays "has simply taken the easiest way out
and chosen to shut the sites."
"The union has questioned the logic of closing two productive
centres. We are totally opposed to compulsory job losses and will
be meeting with our members over the coming days," he said.
Data from the Office for National Statistics show that some
33,400 finance-related jobs were cut last year, bringing the jobs
figure close to 1.03 million at end-December.
Company Web site: www.barclays.com
-By Vladimir Guevarra, Dow Jones Newswires. Tel. +44 (0)
2078429486, vladimir.guevarra@dowjones.com