Barclays to lay off US consumer bank employees.

M2 EQUITYBITES-October 26, 2023--Barclays to lay off US consumer bank employees

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Global Banking News - 26 October 2023

UK-based banking firm Barclays Plc (LSE: BARC) has announced plans to lay off a number of US consumer bank employees.

According to Reuters, the firm is laying off dozens of staff in its US consumer banking division. The move is part of efforts aimed at cutting costs globally.

The redundancies account for about 3 percent...

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