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Barclays Starts Year with Layoffs

February 6, 2013

[ by Melanie Gretchen ]

Barclays is not where you'd like to be today.  According to Dealbreaker's Bess Levin, the firm reported layoffs worldwide.  "Big cuts at Barclays in New York yesterday, across the board, ranging from associate to director.  Morale is not great.  Cuts are expected to continue in the UK today."

Ouch.    [Dealbreaker, 2/6/13]