Barclays, a transatlantic consumer and wholesale bank, announced the opening of a new campus in Whippany. The state-of-the-art complex is a flagship site of Barclays’ global location strategy, which is designed to enhance the firm’s flexibility and resiliency through the establishment of regional campuses.
The Whippany campus brings together members of Barclays’ Chief Operating Office – operations and technology – and functional teams from across the Americas. The campus houses the very latest technology and state-of-the-art working spaces, facilitating cooperation and innovation across teams, and enhancing the firm’s ability to deliver for customers and clients across the globe. Barclays purchased the entire campus in May 2017.
The campus features a health center, a fitness center and onsite childcare. It also has walking trails, as well as campus-wide WiFi. In addition to the new facility, Barclays continues to invest in the communities in which it works by partnering with Per Scholas to expand programming to a new location in Newark, New Jersey. Per Scholas provides tuition-free training for hundreds of people from the local community, and collaborates with them to secure high quality jobs with local employers. Being less than 20 miles from the new Barclays campus at Whippany, the Per Scholas facility will also provide Barclays with access to a diverse pipeline of technology talent.
Paul Compton, group chief operating officer at Barclays, said, “This world-class campus will play a pivotal role in the execution of Barclays’ long-term strategic priorities, bringing teams together into new and vibrant working environments that accelerate innovation and increase collaboration. This will help us serve our customers, clients and shareholders, and attract and retain talent, as we shape the Barclays of the future. Our investment and commitment represents a historic milestone for Barclays’ operations in the Americas, and we have worked closely with the State of New Jersey to bring this project to fruition. We are very grateful for the state’s ongoing support as part of the Grow NJ Assistance Program.”
“We applaud Barclays’ commitment to innovation in New Jersey through its new world-class, 63-acre campus in Whippany, and also commend the company’s philanthropic and citizenship efforts,” said Gov. Phil Murphy. “These investments in New Jersey play an important role in strengthening our communities and enhancing the state’s economic competitiveness. In particular, we are excited about Barclays’ support for the launch of a Per Scholas program in Newark, which will provide tuition-free technology skills training for hundreds of people from the local community and support them into high-quality innovation economy jobs.”
With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
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