Over one thousand jobs to go at Barclays
May 23, 2007 by admin
Filed under News, News-Banking
Over one thousand people employed by Barclays Bank will be losing their jobs in the next three years, as the bank prepares to move its Poole based processing and IT office.
Bank officials have announced that eleven hundred people will have to lose their jobs over a three year period, cutting the workforce at the office from nineteen hundred to just eight hundred. The bank plans to mover operations to a smaller building in the area.
One union official from Unite stated: ‘We are very concerned at today’s announcement which will mean a large reduction of jobs in Poole. Unite does however have robust agreements in place and the bank’s plans are spread over the next three years, so we will be working with the bank to ensure the maximum number of redeployments and voluntary redundancies. We do welcome the news that Barclays will have a new building in the area, albeit smaller, so ending speculation that they may pull out of the area altogether.’
A council official also commented, stating: ‘We are saddened to hear of the job losses at Barclays and will be working closely with them and local agencies to offer as much support as possible to those staff affected. Although the job losses will impact the town in some areas, we will be doing everything in our power to counter the effects. We are continuing to work with Barclays to find suitable sites in Poole that will meet their business requirements and are pleased that they are committed to staying in the local area.’
The Chief Executive of the local council added: ‘The job losses are very regrettable. We will be working with Barclays to set up a strong and helpful network amongst local business and employment organisations to support those affected through information, advice, job searches and retraining opportunities.’
Tom Smith
23rd May 2007
