Barclays Cutting About 100 Senior Investment Bank Jobs
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary reason for the job cuts in the investment bank?
To improve employee satisfaction
To expand the bank's operations
To reduce high operational costs
To increase the number of employees
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the bank's main goal in cutting costs across the organization?
To invest in new technologies
To increase the number of branches
To enhance customer service
To report profits and meet profitability targets
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why has the investment bank been a focus of criticism?
Due to its high profitability
Because it is too expensive to run
For its innovative strategies
For its low employee turnover
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might the bank do if cost targets are not met?
Hire more employees
Increase bonuses
Open new branches
Implement further job cuts
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the reduction in variable compensation imply for investment bankers?
They will receive higher bonuses
They will have more job security
Their bonuses may be reduced to meet targets
They will be promoted
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