Barclays Kenya has merged its retail and business banking units, which is likely to result in job losses; the corporate unit remains untouched. The bank said it would cut about 1,000 jobs from its global workforce of more than 40,000 people by mid-2015.
Barclays Kenya has merged its retail and business banking units, which is likely to result in job losses; the corporate unit remains untouched. This move comes weeks after the bank's parent company announced it would close its regional management office in Nairobi next month and shift all support role to its South Africa branch.