Barclays chief executive Antony Jenkins has suggested that up to 40,000 jobs could be cut at the bank as customers switch to automated banking, according to reports.
In meetings with shareholders of the bank, Mr Jenkins has said that he saw a future in which the bank employed 100,000 staff, Sky News has reported. Barclays currently hires roughly 140,000 people. It is understood that Mr Jenkins has discussed with investors the possibility of Barclays will become a self-service-oriented company, thereby allowing the remaining staff to focus on delivering "added value" to its customers.....Read more here