Barclays Moving 500 Jobs To Morris County: Reports

WHIPPANY, NJ — A year after opening their Whippany campus, Barclays is transferring 500 positions from Delaware to New Jersey, reports say.

The transfers will be completed by the end of 2019, the Delaware Business Times says. This is the second time the company has made a large scale transfer; 100 jobs were moved last year. In addition to the New Jersey move, some Delaware employees will be relocated to Nevada.

Once this transfer is finished, about 2,400 will be employed by Barclays in Whippany, the Daily Record reported, and that number is expected to grow as the company also searches for new hires.

Employees that choose not to transfer will be offered buyout packages and support in their job searches.

The Whippany campus was purchased in 2017, and opened last summer.