03:00 PM EDT, 03/20/2024 (MT Newswires) -- Barclays ( JJCTF ) is looking to cut hundreds of jobs within its investment bank unit, Bloomberg News reported Wednesday, citing sources with knowledge of the details.

The job cuts, anticipated in upcoming months, will reportedly impact workers in the research unit, global markets division, and Barclays' ( JJCTF ) investment banking arm.

Barclays ( JJCTF ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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