Internal restructuring
United Kingdom
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

422 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2012
Employment effect (start)
Foreseen end date


Barclays, a British banking and financial services company, announced that it plans to cut 422 jobs in its technology and infrastructure division. Most of the job losses are reported to be in Radbrooke Hall, Cheshire, but there will be cuts in Northampton and at other sites around the country.

The union representing workers Unite said that it strongly opposed the company sending some of the work to Lithuania, an allegation that the company denied.

A timeline for the restructuring is not known yet.


  • 12 January 2012: Manchester Evening News
  • 12 January 2012: Reuters


Eurofound (2012), Barclays, Internal restructuring in United Kingdom, factsheet number 73195, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73195.