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Anyone here from Barclays finance/investment banking domains. Since most of the roles and packages discussed here are for technology/IT related. If anyone from finance background could share, whats the package Barclays offers for BA4 level in finance for anyone with 6-7 years of experience? Barclays, Barclays global service center
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It’s a very tough question and probably no one can answer.
Pls review below news :
https://www.livemint.com/companies/news/barclays-to-axe-hundreds-of-investment-banking-jobs-in-multi-year-profit-push-11710987099885.html
It’s today’s news.
Also, I am not saying that your job will be at risk but yes things will be uncertain for this year atleast.
If I were you , I wouldn’t have joined if there is no problem with my existing job given the situation with Barckays.
Otherwise, Barckays is a nice place to work.
Nope. But I am working in the banking sector and know the situation. Also, have many friends and past colleagues there.
Yes, I have already gone through this news, that's why a little concern about the decision of joining Barclays. Is there any recent layoffs happened in Barclays India in the previous round of layoffs?
Not in my department. But yes , there have been few lay offs in India too.
If you hold a senior position and quite high salary then probably look for other options. Mid career you should not see much of its impact. For entry level you should be prepared to get no or minimum hikes for atleast 2 years.
If it's a good hike and promotion during the joining then go for it. Most firms would cut costs for atleast 2-3 years. So get the best you can.
Are you working for Barclays as of now?