Barclaycard has confirmed that it is to close an office in Scotland with the loss of about 350 jobs.
The company revealed plans to relocate its loan centre Barclays Partner Finance in Glasgow to other sites in the UK last December. It has now confirmed the decision following a three-month consultation involving employees and other parties.
Staff will be offered transfers to other parts of group, including Barclays Wealth in Glasgow. The company said the creation of new positions at its other UK centres would result in the net loss of about 50 jobs.
Contributed by: Our Special Correspondent
Date: March 24, 2010