Barclays expects to cut about 5,000 jobs this year, roughly 5% of its workforce, with most of the reductions falling on support functions, the British bank's executives said Thursday, Oct. 22, as it reported third-quarter results.
NatWest Group will require its hybrid and remote-first staff in the U.K. to work from the office at least two days a week starting in February 2027, a change that drew sharp criticism from the Unite union on Tuesday, Oct. 20.
Job openings in the United Kingdom fell again in the third quarter. The Office for National Statistics estimated 691,000 vacancies in July to September 2026, down 21,000, or 2.9%, from April to June and down 37,000, or 5.1%, from a year earlier.
