Barclays hiring freeze in Investment Banking?

I know Barclays IB division has been in a hiring freeze since at least March. Anyone have any idea how long this might take? Im waiting for clearance to start as an analyst.

Barclays PLC king973 Sep 24, 2019

So you were offered with no start date ?

EY dkoP27 OP Sep 24, 2019

Verbal offer but no official offer until HR gives clearance

Barclays PLC king973 Sep 24, 2019

You’ll be ok they move slow here I was offered verbally then didn’t hear anything for three weeks (recruiter went on vacation)

Barclays PLC Bvuv65 Sep 24, 2019

Besides the mess that is HR, a good estimate would be by December, after the brexit fallout clears.

Barclays PLC paulgrab Sep 24, 2019

I have been working in Barclays for more than a year now, half of the time I come to know we cannot hire because of hireing freeze and in Wilmington more than 250 ppl had resigned because they don't want to move to whippany.

Barclaycard arNX65 Sep 27, 2019

paulgrab is right. Large parts of Barclays are in a hiring freeze right now. In the past, we have gone into a freeze starting Oct - Jan, so you may be waiting for a long time.

EY dkoP27 OP Sep 28, 2019

Do you think until January or longer? I don’t mind waiting a few months - I have another job right now, but I want to make sure I’m not waiting for nothing

Barclaycard arNX65 Sep 28, 2019

Maybe longer. Barclays started a hiring freeze w/in the credit business in March. Several months earlier than usual. Plus they are selectively hiring for open roles despite massive turnover. They may make more announcements in December or January, providing you w/ more direction. What is it about the role that interests you and would make you wait almost a year?

Barclaycard arNX65 Nov 18, 2019

Curious to know if there has been movement on your role.

EY dkoP27 OP Nov 30, 2019

Last time I reached out was beginning of October- team said they were told to open position up internally. That’s when I’ve kind of given up. I’m at EY for now and have been interviewing but havent found a position to match Barclays I might reach out to the team in Jan but as of right now, either they’re still in a freeze or they filled the role internally

Barclaycard arNX65 Dec 4, 2019

Sorry about that. If you’re still looking in mid Jan give it a retry, but I am sure there will be better offers. Good luck to you.