02/12/2014
‘Competing for talent’? Barclays to cut 12,000 jobs, but raises bonuses 10% to $3.9 bn
http://goo.gl/Ex7YDi
Britain's Barclays Bank plans to cut about 12,000 jobs worldwide, after profits dropped 32 percent in 2013. A shrinking bottom line is coupled with a 10 percent increase in the bonus pool, which grew to $3.9 billion.