Barclays Layoffs April 2024 News.  — barclays plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong effort to trim costs and boost profits within the unit,. £340m of the £2bn will come from cutting.

 — in today’s results presentation, barclays explains its intention of cutting £2bn in costs between 2024 and 2026, of which £0.7bn will come from the corporate and investment bank. Shell plans to scale back its oil and gas exploration and development workforce by 20pc as chief executive.