Barclays fires over a dozen bankers, traders before Christmas — without giving them bonuses: sources
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Barclays has terminated over a dozen bankers and traders on Wall Street, totaling 15 out of approximately 50 layoffs last month, without providing bonuses.
December 27, 2024 | 8:45 pm
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NEGATIVE IMPACT
Barclays has laid off 15 Wall Street bankers and traders without bonuses, part of a larger layoff of 50 employees last month.
The layoffs and lack of bonuses could indicate cost-cutting measures or financial challenges, potentially impacting investor sentiment negatively in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80