Receiving Wide Coverage ... Barclays to Cut Jobs, Raise Bonuses: Barclays plans a massive round of layoffs after suffering a quarterly loss of about $845 million, or 514 million pounds. The British bank will slash up to 12,000 of its 140,000 workers in 2014, as it tries to bring down rising expenses Â-- which include a hefty charge for litigation and regulatory penalties Â-- and offset weaker revenue from its investment bank. Those who don't loseÂ...
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