Brace yourself for Barclays cull?

[LondonManc]

Bad results, dividends chopped, bonus pool down 10%, etc.

Cue contractor rate cut?

[northernladuk]

When they did it while I was there it was ahead of the figures to try and manipulate the short term outlook on them so they looked better when released, not as a reaction to try and fix long term news. Dunno the reasons they've done them since though...

That said they have form for cutting in March....

http://www.egos.co.uk/contract-breakers.htm

[ContractorHardman]

It was due the moment Anthony Jenkins got sacked. John MacFarlane was saying that they wanted to build an "In house" consultancy. The major flaw in that plan is Barclays pays poor Permie Salaries and they cant attract the top quality staff which then puts them back in the same position of needing contractors. It is a circle they keep on going around in.

[LondonManc]

It was due the moment Anthony Jenkins got sacked. John MacFarlane was saying that they wanted to build an "In house" consultancy. The major flaw in that plan is Barclays pays poor Permie Salaries and they cant attract the top quality staff which then puts them back in the same position of needing contractors. It is a circle they keep on going around in.