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Layoffs Watch ’12: Barclays Capital
April 11, 2012
According to Dealbreaker's Bess Levin, cuts are said to have begun today across the pond. The ‘consultation process’ (job cuts) at BarCap London start this week. No indication of the scale. It's the same day as [UK governance watchdogs] PIRC and ABI put the firm on Amber Top Alert due to executive compensation … troops not happy. [Dealbreaker, 4/11/12]
[C-I Note: See our story on the scrutiny into Barclays CEO pay, in today's separate WHO Posting. - link to be provided]
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