Barclays to lay off 700 UK IT staff by end of year

13.05.2009
is set to lay off 700 IT staff in the UK by the end of the year.

Around 350 of the bank's cuts are new, and another 350 come from the .

In the last year, Barclays has said it wants to cut costs and make .

Staff were informed of the impending cuts by email. Barclays declined to comment on the news.

The jobs will , according to the announcement last year.

The remainder of the 1,800 redundancies will take place by 2011, leaving one thousand posts in the UK Global Infrastructure and Service Delivery division, at London and Radbroke.