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That’s because Barclays has promoted freshers from BA3 to BA4 while experienced BA3 are not promoted
Its making them uncomfortable as a grad from their team who is working under their guidance is BA4 while they are still BA3. So many are frustrated and looking outside
No, there are no such layoffs in Barclays at the moment. Even if there would be, they will barely touch BA3 or BA4, those are the lowest in hierarchy. It could be because of the fact that Barclays has promoted all BA3's to BA4's who were hired from colleges but existing BA3s (with some experience) were still kept as BA3.