Home Business NewsBusinessBanking News Lloyds Bank are to axe hundreds of jobs

Lloyds Bank are to axe hundreds of jobs

by LLB Reporter
26th Feb 20 11:43 am

The trade union Unite has said around 780 full time branch job are to be axed at the Lloyds Banking Group.

A statement from Accord read, “These are the first closures to be announced since August 2019 and the scale will take some by surprise.

The overall level of staff reductions expected as a result of the closures is under 80 (full-time equivalent) as many of the staff are expected to be redeployed into other branches.

“But every branch that closes, however small, has an impact on our members and the bank’s customers.”

In 2018 Unite national officer Rob MacGregor said, “As the profits stack up for Lloyds, so does the uncertainty for loyal staff who work hard to serve customers.”

He added: “Unite will be pressing Lloyds to guarantee no compulsory redundancies and ensuring that staff who move into new roles are given the support and skills that enable them to continue delivering the best possible customer service.”

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