Barclays to axe 1,700 jobs throughout 2014
Union representing bank's staff decries 'colossal mistake'
Barclays is to axe 1,700 jobs throughout 2014, the bank announced today.
Unite, the union representing Barclays staff, called the move a “colossal mistake”.
The jobs lost will be branch-based roles, from cashiers to managers. The union has warned customer service will be damaged by the cuts, but the bank disputes this.
A Barclays spokesman said: "The way in which our customers access their banking services is changing rapidly.
"More and more people are choosing to use smartphones and technology for everyday transactions - using branches only when they need access to expertise.
"We are responding by investing in the channels that customers are increasingly using, whilst improving customer service."
Unite national officer Dominic Hook said: "It's a colossal mistake for Barclays Bank to announce 1,700 job cuts across its bank branches.
"These employees deliver high levels of service that customers of the bank benefit from. Such a massive reduction will be very detrimental to the bank and will also be hugely challenging for the staff remaining.
"Unite is pressing Barclays to reconsider this proposal for the sake of its reputation for high customer service. Consumers want to engage with knowledgeable, highly experienced, professional staff. By taking 1,700 of the workforce away, Barclays risks massive reputational damage."
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Prince held a Facebook Q&A and this is the only question he answered
- 3 Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
- 4 Now we know whose fault it is if you end up being murdered in Thailand
- 5 35,000 walrus gather ashore on north-west Alaska beach 'for a rest'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
Car tax disc changes: Five facts you never knew about your (almost obsolete) tax disc
The Aral Sea: Nasa pictures show how what was once the fourth largest lake in the world has become almost completely dry
Brad Pitt, on the moment he completely lost his temper with Clint Eastwood's son
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Should gay sex be illegal? 16% of Britons think so
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Benefits 'smart cards' plan revealed by Iain Duncan Smith to stop claimants spending welfare money on alcohol
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...