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Barclays announces 3,700 job downsizing plan
12.02.2013. | Hoping to convince a skeptical public, Barclays plans to shut down its scandal-smeared Structured Capital Markets division. The manoeuvre is part of a plan to eliminate over 3,700 jobs, and trim £1.68bn ($2.7 billion) in annual costs.
Barclays Chief Executive Anthony Jenkins announced the downsizing plan on Tuesday. The firm employs about 24,000......
