Sharon Graham, general secretary of trade union Unite, said: "Barclays is disgracefully cutting jobs to further boost its massive profits.
"This is a mega-rich bank that is already on course to make eye-watering profits this year." Staff were told yesterday that jobs will go across a number of backoffice divisions, including compliance, finance, legal, policy, IT and risk.
A Barclays spokesman said: "We are taking a number of actions to simplify and reshape the business, improve service and deliver higher returns."

BANK JOBS AXED AS XMAS LOOMS

70,107,634,201,1672,2126

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Daily Star

RUBEN'S SO REVVED UP

RED ROSES CAN FINALLY BLOOM

ROZNER'S ROARING

LAND A HAYE MAKER

DOOM MONGERS TO DIE YOUNGER

TV Jamie gets egg on his face

SPIDERS ARE TOP TERROR

Load of rubbish

DAVINA’S BRAIN OP ON TUMOUR

All fun of the fur

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.