aA
The Vilnius-based Barclays technology center is considering cutting the number of its staff by a third.
Barclays
Barclays
© Shutterstock

According to a statement released late on Saturday, up to around 350 jobs might go or may be moved abroad. Barclays currently employs around 1,200 people in Vilnius.

The Barclays center's chief executive Mariano Andrade Gonzalez said the move was related to the bank's long-term global strategy and process optimization.

„We always consider various opportunities to optimize our activities around the world, including the United States, India, Asia and the Pacific Ocean region as well as the United Kingdom and Europe, including Lithuania. We would like to stress that these plans are being considered globally and have nothing to do with the investment climate in Lithuania", he said in the statement.

„No decisions as yet have been made regarding Barcleys' further strategy in Lithuania, including the Rise Vilnius startup working space", Andrade Gonzalez said.

The Barclays Technology Centre Lithuania was opened in Vilnius in May, 2010, and a human resources management center was opened in 2014.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

First complaint from business over lockdown restrictions reaches court (1)

Lithuanian business representatives on Wednesday lodged a complaint before a court seeking remedy...

Air Baltic launches flights from Vilnius

Air Baltic launched flights between Vilnius and the Croatian resort of Dubrovnik on Monday.

Lithuania gives the green light to large-scale investors with sweeping reforms (1)

The Parliament (Seimas) of the Republic of Lithuania has adopted a package of investment and corporate...

Maritime cluster has been founded in Lithuania

The business and educational organizations in Klaipeda are joining forces to develop the Lithuanian...

Public authorities getting closer to compromise on natl development bank

Lithuania’s public authorities are getting closer to a compromise on the establishment of a...

Top news

Media watchdog bans Russian broadcaster RT (1)

The Radio and Television Commission of Lithuania (LRTK) on Wednesday banned Russia's broadcaster RT...

First complaint from business over lockdown restrictions reaches court (1)

Lithuanian business representatives on Wednesday lodged a complaint before a court seeking remedy...

Self-isolation required for arrivals from 58 worst hit countries

The Ministry of Health has updated the list of countries most affected by coronavirus infection...

10 new coronavirus cases

On Tuesday, 10 new COVID-19 cases were confirmed in Lithuania. All of them imported or from already...

Vilnius centre becomes art gallery

Lithuanian capital Vilnius has turned its centre into an open-air art gallery . The outdoor...

|Maža didelių žinių kaina