Any rumors about Barclays planning mass layoffs? I heard from a source. My joining is next week. I'm tensed!

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A friend of mine who works on credit suisse contacted n recruiter from barclays regarding a job opportunity. However the recruiter informed that there's a hiring freeze and also rumors about cost cutting and getting rid of a good chunk of associates. Not very confident about this news but again not sure if it could be ignored!

funny

That recruiter must undergo 100's of internal training for doing this 😂😂

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Chill man... It must be fake as there is no such plans being discussed internally yet... Barclays has posted good results and is in good shape currently... Best of luck for your joining...

uplifting

Any idea on assessment questions for Avp

Scary! Can you please share more on the source of this information for @Barclays?

funny

There was a hiring freeze till Apr, but there is no news of any layoffs for perm employees.

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Thanks man. It's just that it's my first switch

It is confirmed: layoffs In May, Managers have started breaking news internally.

I am working with Barclays on contract.
Yes they are doing cost cutting and are not releasing a budget for new projects now. But I don't think of any layoffs from their end.

Yes I've heard they're cutting off contract employees

But there are many job postings for Barclays in LinkedIn ...if they are into cost cutting ...any reason for ongoing recruitment...I am planning to join Barclays trying to understand if it's right decision in these circumstances

Layoff can happen anywhere. I would say during these uncertain time do not switch.

If layoff happens then new joiners will be the first victim.

Switching is very dangerous these time

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#MAIPSummit2020:
How do you deal with layoffs?
-for those now suddenly unemployed, and
-for those who didn't get laid off but are now dealing with a bleak looking workplace

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I was recently laid off and I am actively search for a new role. I am mainly targeting Business Analyst, ScrumMaster, Product Analyst, roles but I am open to others.

Must be located in Austin, Texas or fully remote.

EXP
5 Mo- Business Analyst 3
1.5 Y- Venture Capital Associate
1.5 Y- Strategic Planning Analyst

Certifications
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Additional Posts in Barclays India

Hi, how much can Barclays offer for a BA4 Data analyst position with 8 YoE and current fixed at 13LPA? Have an interview round this week, what questions can I expect? Please pour in some suggestions, thanks guys!Barclays

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Hi sharks,
I recently got offer letter of barclays and I accepted it. What is next process they do in regards of background verification.
Also want to clarify on offer letter after fix pay.. I am not getting variable pay section.
It is included in offer letter or not.
Please provide ur inputs.

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How much should be expected in Barclays with 11 yoe

Position open is for AVP

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Is there anyone who completed the last SHL test and is waiting for the result or call back from HR. For me it's almost a week now after completing the last SHL test but no reply from HR.

Note: Completed all the rounds and documents are also submitted.

Please share here if anyone faces the same situation or any relevant scenario.

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Hi All,
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