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Vilnius market

The Barclays decade in Lithuania is coming to an end

Donatas Andrijauskas
in 2019 August 03 12:35 a.m
1 min. reading
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The "Barclays" operations center, which has been in Lithuania for ten years, finally says "goodbye" to our country: today, the "Barclays" sign is being removed from the "Green Hall" business center on Upės Street.

We remind you that in December, the United Kingdom (UK) bank "Barclays" informed that it is suspending the operation center in Lithuania - it is transferring about 460 jobs to the international programming and information technology company "HCL Technologies" (HCL), which has been operating in Vilnius since 2016.

The remaining 260 or so jobs were being cut in severance packages, Barclays and HCL said. 

The Barclays center in Vilnius was established in 2009, it is part of the international Barclays financial services group, which provides personal, business and investment banking, wealth and investment management services in more than 40 countries. The center in Lithuania provides technological solutions and a wide range of IT and human resource management services to company branches around the world.

TAGS:BarclaysFirmNewBusiness center
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