April 29, 2020 / 8:20 AM / a month ago

Barclays CEO says 'putting 7,000 people in a building may be thing of the past'

LONDON, April 29 (Reuters) - The coronavirus pandemic could permanently change how many bankers make the daily trudge into tightly packed city centre offices, Barclays CEO Jes Staley said on Wednesday.

"There will be a long term adjustment in how we think about our location strategy...the notion of putting 7,000 people in a building may be a thing of the past," he told reporters after the bank reported a fall in first-quarter profits.

Reporting by Lawrence White; editing by Jason Neely

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