Video: CEO of Barclays: "Last year we had applications from 107,000 kids at universities for which we had positions for 1,500."

Barclays CEO Bob Diamond talks about the economy, banking and compensation with Bloomberg’s Erik Schatzker in Davos. 

On the compettive environment for jobs in the finance industry:

“Last year we had applications from 107,000 kids at universities for which we had positions for 1,500.”

Reading between the lines: If you work at Barclays, step up your game or he will replace your ass. If you are applying for a job at Barclays, good luck.

Discuss this video here.