Barclays Plc plans to move its Africa headquarters in Dubai back to Johannesburg, a spokesman for the bank said on Sunday, leaving more than 120 employees with the option of relocating or quitting the bank.
The British lender mainly runs back office functions for its Africa operations out of its Dubai base. A source said employees had been informed of the plan and their options.
Sami Lahoud, head of corporate affairs at Barclay's Africa, said 123 employees affected by the move will have until the end of the year to decide.
No comments:
Post a Comment