Does Barclays Sponsor H-1B Visas? US Analyst and Tech Roles After the 2026 Job-Cut Announcement

Barclays received 263 initial-employment H-1B approvals across three US entities in FY2024. Here is which entity would hire you and what its October job cuts do and do not tell you.

By F1Jobs Team · 2026-11-01 · 11 min read

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Part of our guide to companies that sponsor H-1B visas.

Yes, Barclays sponsors H-1B visas. USCIS's H-1B Employer Data Hub shows Barclays filing through three main US entities, with 263 initial-employment approvals between them in FY2024: 179 at Barclays Services Corp (technology and operations), 47 at Barclays Capital Inc. (investment banking and markets) and 37 at Barclays Services LLC. So if you are asking "does Barclays sponsor H-1B" for an analyst or tech role, the answer is yes, but sponsorship is decided role by role, through whichever entity hires you.

Status as of 2026-11-01. Announced: about 5,000 Barclays job cuts (about 5% of staff) on 2026-10-22, citing AI, reported as mostly outside the US; no US figure is public. In effect: wage-weighted H-1B selection (since 2026-02-27) and Executive Order 14431, which tells agencies to weigh a sponsor's layoffs. Not announced: FY2028 H-1B registration (USCIS must give at least 30 days' notice). Blocked: collection of the $100,000 H-1B payment, although Proclamation 11069 still stands on paper.

Does Barclays sponsor H-1B? The short answer

Yes. Barclays sponsors H-1B workers through separate US legal entities: mainly Barclays Services Corp for technology and operations and Barclays Capital Inc. for banking and markets. In FY2024 its three main entities received 263 initial-employment approvals, with 3 denials in 581 first decisions. Each offer is still sponsored case by case, and a cap-subject hire must first be selected in the H-1B lottery.

Which Barclays entity sponsors H-1B?

Mostly Barclays Services Corp. It files the bulk of Barclays' US H-1B petitions and typically employs the bank's technology and operations staff in New York and New Jersey. Barclays Capital Inc., the investment banking and markets entity, and Barclays Services LLC file at smaller volume.

This matters because one legal employer, not a brand, files an H-1B petition. The entity on your offer letter files your Labor Condition Application (LCA) with the Department of Labor, signs your Form I-129 and appears as petitioner on your I-797 approval notice. Banks often split filings this way; Goldman Sachs files its H-1B petitions across several legal entities too.

Barclays H-1B approvals by entity, FY2024

Barclays H-1B first decisions by filing entity, FY2024 (October 2023 to September 2024), as of 2026-11. Source: USCIS H-1B Employer Data Hub, via our extract compiled 2026-07-29. "Typical roles" is our description, not a Data Hub field.

Entity (as filed)	Typical roles	Initial approvals	Initial denials	Continuing approvals	Continuing denials	Approval rate
Barclays Services Corp	Technology, operations	179	0	213	1	99.7% (392 of 393)
Barclays Capital Inc.	Investment banking, markets	47	0	36	0	100% (83 of 83)
Barclays Services LLC	Not shown in public data	37	1	66	1	98.1% (103 of 105)
All three		263	1	315	2	99.5% (578 of 581)

Approval rates are our arithmetic: approvals divided by approvals plus denials. Entity profiles are on our pages for Barclays Services Corp, Barclays Capital Inc. and Barclays Services LLC.

How to read the Barclays numbers

Initial approvals are the column to watch if you are on OPT. USCIS's Understanding Our H-1B Employer Data Hub page defines its new-employment category as petitions "Initially approved" with "New employment" selected on Part 2, Question 2 of Form I-129. A first cap-subject H-1B for someone moving from F-1 OPT is typically filed that way (our reading; the Hub does not identify former students). Continuing approvals generally cover people already in H-1B status: extensions, amendments and transfers.
These are first decisions. The same page says: "The approval and denial data in the data hub reflects USCIS' first decision." Cases are counted in the fiscal year of that decision, not the filing date.
We quote FY2024 only. The USCIS H-1B Employer Data Hub now says it covers fiscal year 2009 through fiscal year 2026 (quarter 4), so search it yourself for later years, and never compare a partial year with a full one.
A high approval rate describes Barclays' filings, not your odds. The H-1B lottery comes first.

Does Barclays sponsor H-1B for investment banking analysts?

Yes, for qualifying roles. Barclays Capital Inc. had 47 initial-employment approvals and no denials in FY2024, and banking and markets hires generally sit in that entity. Your role still has to qualify as a specialty occupation, and a cap-subject case still has to get through the lottery.

Two tests decide whether a Barclays analyst offer becomes H-1B status:

The specialty-occupation test. The job has to require a degree in a specific field, and your degree and duties have to line up with it. Our investment banking H-1B sponsorship guide covers how banks document this for analysts and associates.
The wage-weighted lottery. Since 2026-02-27, cap registrations are weighted by wage level, from four entries at Level IV down to one at Level I. USCIS's H-1B electronic registration page puts it this way: "If a random selection process is necessary, USCIS will conduct a weighted selection among properly submitted registrations for unique beneficiaries based generally on the highest OEWS wage level that the beneficiary's proffered wage will equal or exceed." The same salary can land at different levels depending on the occupation code and city, so ask HR which level your registration will claim.

What about Barclays technology roles?

Barclays Services Corp holds most of the bank's H-1B activity. Software, data, cybersecurity and operations roles face the same lottery and specialty-occupation rules as banking roles, but candidates often hold STEM-designated degrees, which can open the 24-month STEM OPT extension and more lottery attempts. Our guide to H-1B sponsorship for non-finance roles at investment banks covers how to pitch a tech background to a bank.

Are Barclays' 2026 job cuts affecting US hiring?

As of 2026-11-01, nobody outside Barclays can say how many US roles are affected. Barclays announced on 2026-10-22 that it would cut about 5,000 roles, about 5% of its workforce, citing AI. Reports of the announcement put the cuts by year-end and mostly outside the US, but the CNBC article linked below gives no timeframe or location, and no US figure was public as of 2026-11-01.

What is on the record:

The announcement. CNBC reported that about 60% of the cuts are expected in support functions, "including developers," and quoted Barclays' third-quarter statement that it was "structurally reducing the cost base to generate capacity for investment."
The wider bank trend. Revelio Labs (published 2026-10-13, updated 10-22) found that "junior roles in US banks have been shrinking and are now 4.7% below their October 2022 level." Its authors concluded that "banks seem to be restructuring around AI rather than being automated by it."

What it means for you depends on where you stand:

You have a Barclays offer. Ask your recruiter whether your team or start date is affected, and get any change in writing. Don't assume either way.
You work at Barclays on OPT. If the job ends, the unemployment limits are 90 days on post-completion OPT and 150 days in aggregate on STEM OPT, per the SEVIS Help Hub. Talk to your DSO that week.
You work at Barclays on H-1B. The current discretionary grace period of up to 60 days, or until your authorized validity period ends if sooner (8 CFR 214.1(l)(2)), still applies. DHS has proposed eliminating it (RIN 1615-AD22); comments close 2026-11-10, and it stays a proposal until a final rule is published. If finalized as proposed, only the 10-day window after a petition's validity period would remain, and that runs from the petition's end date, not from a layoff. A layoff on H-1B is a moment for a licensed immigration attorney.

Why layoffs can matter to H-1B filings. Executive Order 14431 (signed 2026-09-18; in effect as a directive) tells State, Labor and DHS to take into account, in LCAs, petitions and visas, "whether the employer sponsor directly or indirectly engaged in layoffs within the previous year or plans future layoffs that negatively affect the employment of similarly situated United States workers." As of 2026-11-01 no agency has published guidance on how that test works, and the order creates no automatic denial. Nothing public says whether it touches Barclays' announcement, so if you hold or expect a Barclays H-1B, ask your own immigration attorney.

Does Barclays hire international students in the US?

Its filing record shows it hires people who need sponsorship, with 263 initial-employment approvals across three entities in FY2024. The Hub does not say how many went to former F-1 students, so ask the recruiter early whether your program accepts candidates who will need sponsorship.

Internships are a separate question, because a summer analyst role during your degree usually runs on CPT, not OPT. SEVP's CPT broadcasts (BCM 2608-01 and 2608-02) are in effect as guidance and challenged in AAU v. DHS, with a preliminary-injunction hearing set for 2026-11-06 at 3:00 p.m. (check the docket for the outcome after 2026-11-06). Some schools have paused CPT approvals, so your DSO decides what your school will authorize. Our guide to investment banking summer analyst internships on CPT covers the timing.

Worked timeline: a Barclays OPT hire heading into the FY2028 lottery

Here is a hypothetical. You finished a STEM master's in May 2026 and started at Barclays Services Corp on post-completion OPT on 2026-07-06, with an EAD that ends 2027-07-05.

Worked timeline with status labels, as of 2026-11.

Date	What happens	Status as of 2026-11-01
2026-11-01	You are working on OPT; the 10-22 cut announcement names no US figure	Announced; no US number
Before registration opens	You ask HR whether Barclays will register you for FY2028, and at what wage level	Your step
March 2027 (an expectation only)	FY2028 H-1B registration window	Not announced; USCIS must give at least 30 days' notice (8 CFR 214.2(h)(8)(iii)(A)(3)). FY2027 ran March 4 to 19 with a $215 fee
After selection	Barclays files Form I-129 with a change of status, in the filing period USCIS sets (it begins April 1)	Depends on selection
2027-07-05	Your OPT EAD end date. With a timely cap-subject change-of-status petition pending, cap-gap carries F-1 status and OPT work authorization until the petition's start date (usually 2027-10-01) or April 1, 2028, whichever comes first	Cap-gap rule in effect since 2025-01-17
2027-10-01	Earliest FY2028 H-1B start date	Depends on approval
If not selected	If you qualify, a STEM OPT I-765 filed before 2027-07-05 can add 24 months and more lottery attempts	STEM OPT 180-day automatic extension in effect for timely filers

Three details matter. Cap-gap ends automatically if the petition is denied, withdrawn, revoked or rejected, per the USCIS cap-gap page. The USCIS STEM OPT page requires an employer enrolled in E-Verify and a signed Form I-983 training plan. And cap-gap covers only cap-subject petitions, never cap-exempt ones; a first H-1B at a for-profit bank like Barclays is normally cap-subject. The full calendar is in our FY2028 H-1B registration dates guide.

How to confirm Barclays will sponsor your role

Read your offer letter for the exact employing entity (Barclays Services Corp, Barclays Capital Inc., Barclays Services LLC or another) and the job title.
Search that entity name in the USCIS H-1B Employer Data Hub and compare initial with continuing approvals by fiscal year.
Check the DOL Office of Foreign Labor Certification disclosure files on the DOL performance data page for the same entity, job title and worksite city to see which wage levels it has filed at. The latest LCA files run through 2026-06-30 (FY2026 Q3). Our guide to building a target list from LCA and Data Hub data shows the filters.
Ask the recruiter in writing whether the role is eligible for H-1B sponsorship and whether Barclays will enter you in the FY2028 registration.
Confirm with HR that the hiring entity is enrolled in E-Verify and will sign Form I-983 if you may need STEM OPT.
Report your employer through the SEVP Portal or to your DSO, as your school directs, and ask your DSO how your OPT dates line up with the registration calendar.
Consult a licensed immigration attorney before any status move, such as a transfer between Barclays entities or travel while a petition is pending. Barclays' counsel represents the company, not you.

Does Barclays sponsor green cards?

Barclays' green card filings are public, but this guide does not count them. Employment-based sponsorship usually starts with a DOL PERM labor certification, then Form I-140, and DOL's PERM disclosure files (latest public file: FY2026 Q3, on the same DOL performance page) let you search each Barclays entity. Barclays is not among the eight employers whose PERM processing DOL announced on 2026-10-08 it had suspended; the eight reported are Microsoft, Adobe, Cognizant, Infosys, TCS, Wipro, HCL and Capgemini. As of 2026-11-01 DOL had issued no written notice or end date, and Mayer Brown's summary notes that the action "does not suspend any employer from the H-1B program."

When a bank starts PERM is company policy, so ask HR. Two dated numbers show why timelines vary. DOL's FLAG processing page put PERM analyst review at January 2026 priority dates, with an average of 303 days (as of 2026-10-21). And in the November 2026 Visa Bulletin, the EB-2 Final Action Date is 2013-11-01 for India but 2025-04-01 for the rest of the world. USCIS requires the Dates for Filing chart for November I-485s, per its adjustment filing charts page; consular cases always use Final Action Dates. Your country of birth can matter more than your employer.

What changed for H-1B in 2026

Old rule, new rule and what to do differently, as of 2026-11.

Item	Before	Now (status, as of 2026-11-01)	What to do differently
Lottery selection	Equal odds per registered beneficiary	Weighted by wage level, Level IV x4 to Level I x1 (in effect since 2026-02-27)	Ask which wage level your Barclays registration will claim
$100,000 H-1B payment	Imposed by Proclamation 10973	Proclamation 11069 extends it on paper through 2027-09-21; collection blocked by court orders against the agency policies, on appeal	Read the live USCIS I-129 page, which says "If this order is later lifted, DHS still plans to collect the payment."
Worker 60-day grace period	Up to 60 days after a job ends, or until the validity period ends if sooner	Unchanged; elimination proposed (RIN 1615-AD22), comments close 2026-11-10	Plan on the current 60 days; watch the Federal Register for a final rule

If collection ever resumed, USCIS's H-1B page (dated 2026-09-21) says change-of-status, amendment and extension requests it grants inside the US are not covered, while a denied change of status or a consular-notification petition would be. Petition strategy for an OPT-to-H-1B move is a question for an immigration attorney.

Common mistakes

Searching only one entity name. "Barclays Capital" alone misses Barclays Services Corp, which had the most approvals in FY2024.
Reading the 5,000 cuts as a US number. The announcement was reported as mostly outside the US, and no US figure is public.
Counting continuing approvals as new-hire openings. For an OPT candidate, initial approvals are the relevant signal.
Treating a 99.5% approval rate as your odds. Petition approval comes after lottery selection, and for FY2026 USCIS selected 120,141 of 343,981 eligible registrations.
Waiting for the FY2028 announcement to raise sponsorship. The employer submits the registration, and the FY2027 window ran only from March 4 to March 19.

Frequently asked questions

Does Barclays sponsor H-1B for analysts?

Yes, for qualifying roles. Barclays Capital Inc., the US investment banking and markets entity, received 47 initial-employment H-1B approvals and no denials in FY2024, according to the USCIS H-1B Employer Data Hub. Sponsorship is still decided role by role, so confirm it in writing for your specific analyst offer.

Does Barclays hire international students in the US?

Its filing record shows it hires people who need sponsorship. Across Barclays Services Corp, Barclays Capital Inc. and Barclays Services LLC, USCIS recorded 263 initial-employment H-1B approvals in FY2024, the category where a first H-1B after F-1 OPT typically appears. The data does not show how many were former students, so ask the recruiter whether your program accepts candidates who will need sponsorship.

Are Barclays job cuts affecting the US?

Barclays announced on 2026-10-22 that it would cut about 5,000 roles, roughly 5% of its workforce, citing AI, with about 60% in support functions. The cuts were reported as mostly outside the US, and no US-specific figure was public as of 2026-11-01, so treat any US number you see as unconfirmed.

Which Barclays entity sponsors H-1B?

Mostly Barclays Services Corp, which employs technology and operations staff and had 179 initial and 213 continuing H-1B approvals in FY2024. Barclays Capital Inc. (banking and markets) and Barclays Services LLC also file. Your petitioner is the entity named on your offer letter and on your I-797 approval notice.

Does Barclays sponsor green cards?

Barclays' green card filings are public, but this guide does not count them. Employment-based sponsorship usually starts with a DOL PERM labor certification and then Form I-140, so search each Barclays entity name in DOL's PERM disclosure files. As of 2026-11-01, Barclays is not among the eight employers whose PERM processing DOL announced on 2026-10-08 it had suspended. Ask HR when the bank starts PERM for your role.

Sources

USCIS, H-1B Employer Data Hub and Understanding Our H-1B Employer Data Hub
USCIS, H-1B Electronic Registration Process
Federal Register, Weighted Selection Process final rule (in effect since 2026-02-27)
USCIS, Form I-129, H-1B Specialty Occupations, cap-gap extension and STEM OPT pages
DHS SEVP, SEVIS Help Hub unemployment counter
Federal Register, Eliminating the Discretionary 60-Day Grace Period (proposed) and Executive Order 14431 (91 FR 60501)
DOL, OFLC performance data and FLAG processing times
USCIS, Adjustment of status filing charts from the Visa Bulletin
CourtListener, AAU v. DHS docket
CNBC, report on Barclays' 5,000 job cuts (2026-10-22)
Mayer Brown, DOL enforcement actions in H-1B and PERM fraud probe (2026-10)
Revelio Labs, Banks Are Losing Interest in Junior Talent in the AI Era (2026-10-13, updated 10-22)

How we checked this: employer figures come from our extract of the USCIS H-1B Employer Data Hub (compiled 2026-07-29, FY2024 rows); rules, dates and statuses come from the USCIS, DOL, SEVP, Federal Register and court pages above, and the job-cut details from CNBC, Revelio Labs and other reporting on the 2026-10-22 announcement, all read on 2026-11-01.

This is general information, not legal or tax advice; your own I-20, EAD, I-94 and approval notices govern, and your DSO (for OPT and SEVIS questions) or a licensed immigration attorney (for petitions and status strategy) should confirm anything you act on.

If Barclays is on your list, the next step is finding the other banks and tech employers with real filing records for your role, and lining your search up with your OPT dates. F1Jobs helps international candidates run that kind of search.