Foreign lender Barclays Plc has confirmed its approach of laying off workforce in its Indian operations. The bank has done so as a result of internal merger of client relationship teams of its commercial and investment banking units, said a spokesperson from the company.

According to spokesperson, Clare Williams, the investment banking division of the bank, Barclays Capital and the commercial banking division of the bank have merged up their teams looking after corporate clients in India.

"Last week a small number were informed that as a result of the decision to combine the two teams that, regrettably, their jobs fell away," Williams said. She however did not specify the count of layoffs.

Sources say, the bank aims to cut down 50 jobs in India.