British banking giant has made good on their promise to cut over 30,000 jobs across their global workforce, and employees in Singapore experienced the burn when a mass exodus transpired yesterday.
The Straits Times reports that about 100 Barclays employees in Singapore were let go yesterday as part of the bank's ruthless cost-cutting exercise. The 100 included equities professionals, investment bankers and more — just a fraction of the 1,000 jobs in Asia that will be slashed.