By 2020, the global economy will need hundreds of millions of new jobs to accommodate people who are currently unemployed—and many jobless don’t have the skills to match those positions. Barclays, a bank that operates in more than 50 countries, is working to help younger job-seekers close that gap. Its largely web- and app-based LifeSkills program helps people develop basic skills (think listening, problem solving, and interview tactics). Connect With Work, launched last year, goes a step further by matching job candidates with motivation but little or no experience to employers who’ll take a chance on them. The two programs are simple, but their reach is vast: Barclays says more than 2.1 million people used either LifeSkills or Connect With Work in 2017. And in the Asia Pacific region, Connect With Work helped secure jobs for more than 60,000 young engineers and recent university graduates.
|Revenues ($M) (Last Fiscal Year)||$34,507|
|Profits ($M) (Last Fiscal Year)||$-1,652|
|Market Value ($M)||$40,240|