they are tackling a cumbersome and your craddick company. richard has more.. a quarter of the workforce means a pretty big headline. richard: there is a lot of stuff going on. it starts with john mcfarlane the new chairman come in. he removed the ceo antony jenkins. now we are getting a feel for what the board is trying to think about in terms of that performance at barclays. he has talked about accelerating the planet. one of the considerations they may have his reducing more staff numbers. the numbers are not clear. apparently there is no formal plan in place. that is according to the people we have been talking to this morning. there could be a reduction to below 1000 -- 100,000 employees. they have about 132,000 at the present. manus: that is a gargantuan change from a human side and a business side and an implementation side. are they going to be able to reduce the headcount that much from investment banking? it sounds like that's going to involve a significant change at the retail level. richard: and is where the bulk of it would be. you would think whe