Barclays Plc plans to hire more than 1,000 staff in the coming weeks to help consumers manage their finances through the looming downturn, according to Chief Executive Officer C.S. Venkatakrishnan.
The British bank follows similar moves by HSBC Holdings Plc and Virgin Money UK Plc as consumers struggle with the fastest price rises in four decades coupled with high mortgage costs and energy bills alongside the prospect of a recession.
Barclays to Create 1000 Jobs as Financial institution Helps Prospects in Inflation Disaster Bloomberg