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Where are back-office jobs going?

The story notes that Barclays' back-office work is done in India, even as most UK retail arm cuts happen. This highlights a long-term trend of major UK banks outsourcing administrative and support functions to countries with lower operating costs. This strategy allows banks to reduce expenses and streamline operations globally.

Stories that explain this

Barclays plans to cut 5,000 jobs this year.

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