Barclays May Eliminate 5,000 Lehman Positions in Three Months

Barclays Plc, the U.K. bank that bought parts of Lehman Brothers Holdings Inc.’s U.S. businesses, may cut as many as 5,000 jobs at the bankrupt company, Wall Street recruiters said.

The estimate, based on the $2.5 billion Barclays set aside for severance and retention costs, would mean half …