Project Mango

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    Banks

    Who Could Hate Something Called ‘Project Mango’?

    Oh, right: The people who lost their jobs to it.

    / Jun 4, 2013 at 4:12 PM
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    News

    Layoffs Watch ’12: Some Barclays Senior Executives Want To Crank Things Up A Notch

    Earlier this month, it was reported that Barclays’ investment bank chief Rich Ricci was working on a little something called Project Mango,* which is similar to Bank of America’s Project New BAC in that one aspect of it involves firing a bunch of people, as part of a plan to revamp the unit. According to the Journal, management is now putting the finishing touches on Project M and all that is left to decide is whether cutting 2,000 IBD jobs is enough or if they should think bigger.

    / Dec 13, 2012 at 1:53 PM
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    News

    Layoffs Watch ’12: Barclays

    Remember when Bank of America said it was working on a little something called “Project New BAC,” and it involved firing a whole bunch of employees? Barclays is apparently working on a coupla “projects” of its own.

    / Dec 3, 2012 at 7:33 PM