Thursday, March 4, 2010

More Job Losses At Lloyds

Unite has attacked banking giant Lloyds after another 370 job losses were announced.

National officer Rob MacGregor said: "The 760 finance staff who have been told they face an uncertain future will be devastated by these announcements."

Unite said Lloyds had now announced more than 15,000 job losses over the past year.

Rob MacGregor said: "Unite has been working with Lloyds to minimise the number of redundancies at the bank as a result of the integration of Lloyds and HBOS businesses. The union is optimistic that Lloyds will continue to work with us to identify all possible options of alternative employment for staff."

Unite has been calling for a commitment of no compulsory redundancies, and said work which had been offshored over the years should be brought back to the UK.

The latest Lloyds cuts will hit the Wealth & International, Group Operations and Group Executive operations across the UK, said Unite.

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