Barclays' CEO said Wednesday that offices may never see the same crowds again after the coronavirus pandemic subsides.
"There will be a long-term adjustment to our location strategy," he told reporters following the bank's first-quarter results. One of the United Kingdom's largest banks is rethinking its staffing and office strategies in the wake of the coronavirus pandemic. "There will be a long-term adjustment to our location strategy," Jes Staley, chief executive of Barclays,. "The notion of putting 7,000 people in the building may be a thing of the past."
He said that the bank will be re-evaluating its space needs, including at its London headquarters and branches throughout the world, given that the global company is now being run by staff "from their kitchens,"
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