Barclays boss hints at massive job cuts - reports

Sky News reports Jenkins made the comments during meetings with shareholders after the bank's annual results last month. Barclays currents employs about 140,000 staff, but Jenkins said he envisaged a future where the bank employed as few as 100,000. The report said Jenkins is understood to have discussed Barclays becoming a self-service focused company. However, Barclays insiders told Sky News the ideas were 'blue sky thinking about the long-term future' and no formal target for job cuts had been set.