Barclays cuts 400 IT Jobs

An internal email from Jim Ditmore, global director of GISD, and Unite national secretary Keith Brookes, which was sent to the Register said: "We jointly understand that these job losses occur in the eye of a recession and are not desired or welcome."

The email said the rationale for the restructure was to better integrate and consolidate teams, reduce management layers and bureaucracy and improve performance thanks to a better structure. The bank also said it focussed on cutting contractors first and hoped to use voluntary redundancies whereever possible.

[...]we have identified some aspects of our technology operations where the organisational structure impedes performance, and roles and responsibilities for colleagues are unclear. In some cases, roles are obsolete or being duplicated elsewhere within the bank.