With Barclaycard announcing plans to relocate its Barclaycard Partner Finance operations, Glasgow will lose 350 jobs. 300 posts will be created at other UK sites while 50 will disappear completely. A spokesman for Barclaycard said that the decision had been made “to remove duplication, improve our internal working and ultimately ensure that we are using resources effectively and efficiently.”
Barclaycard Partner Finance provides point of sale finance for 3000 partners in the UK.
Source: bbc.co.uk/03.12.09