Barclays' CEO says crowded offices could be 'a thing of the past'
Barclays' CEO said Wednesday that offices may never see the same crowds again after the coronavirus pandemic subsides.
"There will be a long-term adjustment to our location strategy," he told reporters following the bank's first-quarter results. One of the United Kingdom's largest banks is rethinking its staffing and office strategies in the wake of the coronavirus pandemic. "There will be a long-term adjustment to our location strategy," Jes Staley, chief executive of Barclays,. "The notion of putting 7,000 people in the building may be a thing of the past."
He said that the bank will be re-evaluating its space needs, including at its London headquarters and branches throughout the world, given that the global company is now being run by staff "from their kitchens,"
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