[British Barclays Bank will cut hundreds of investment banking jobs] April 17, according to British Sky Television local time reported on the 16th, British Barclays Bank will cut more than 100 investment banking jobs this week. It is reported that the layoffs will not be limited to a particular country, nor will they be limited to a function of the investment banking department. Although the number of layoffs is not too large, it reflects the willingness of financial institutions to cut costs further when M & An activity declines during the economic downturn. Barclays reportedly cut about 200 investment banking jobs in November and is now embarking on a second wave of layoffs in less than half a year. A spokesman for Barclays declined to comment on the latest job cuts.