BlackRock, scheduled to complete its takeover of Barclay’s investment unit today, has said it will eliminate 89 jobs in San Francisco. This represents 1% of the combined workforce of 9000 employees. According to a report filed with the California Employment Development Department the cuts will be made by January 8. No word [...]
Continue reading...Thursday, February 26, 2009
Barclaycard is opening a customer contact center in Newark, Delaware, and will hire 300 new employees by early April. Governor Jack Markell says the company could hire as many as 500 employees at its new facility in the next five years. Barclaycard is one of the 10 largest bankcard issuers in America, after doubling its portfolio in [...]
Continue reading...Wednesday, January 14, 2009
Financial colossus Barclays, the world’s 25th largest firm, will cut 2,100 jobs from its UK retail & commercial banking businesses and Barclays Wealth, which is likely to take job cuts at the bank past 4,000. The company, which absorbed up the US operations of collapsed investment bank Lehman Brothers last year, has “begun a consultation [...]
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Tuesday, December 1, 2009
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