Barclays eyes cutting staff in Lithuania by third

The Vilnius-based Barclays technology center is considering cutting the number of its staff by a third. […]

Global Lithuania Awards winners with President Grybauskaitė

Lithuanian innovators and leaders honoured by president at Global Lithuanian awards

There was a feel-good atmosphere in the Lithuanian Presidential palace in Vilnius on Tuesday afternoon as Lithuanian President Dalia Grybauskaitė hosted a ceremony honouring the Global Lithuanian Awards. The annual awards are presented to individuals who, in one way or another, have contributed to Lithuania’s welfare domestically or abroad. The President and Foreign Minister Linas Linkevičius praised the initiative and made it a point that a country is more than its geographical and demographic size. […]

Barclays building in Vilnius

Forum Business Magazine: Building a back office in the Baltics

Moving operations to low-salary Baltic countries became popular in the 1990s. Now, translocation has changed in nature: it focuses more on services than on production. The data here speaks for itself. […]