Barclays bank to axe up to 12,000 jobs worldwide

February 11, 2014
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The Sunday Times newspaper had reported over the weekend that Barclays was exploring a £4.0-billion (4.64 billion euros, $6.16 billion) rights issue to meet regulators' concerns over its financial strength/FILE
BARCLAYS/AFP

, LONDON, February 11- Barclays plans to cut between 10,000 and 12,000 jobs worldwide this year, its chief executive Antony Jenkins said on Tuesday after the scandal-hit British bank announced a rise in bonuses.

Jenkins told a conference call with media that about 7,000 jobs would go in Britain. Barclays, which on Tuesday announced also a return to net profit in 2013, employs about 139,000 people around the world.

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