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Lloyds axes more jobs

by: Mortgage Solutions
  • 02/03/2010
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Lloyds axes more jobs
The tally of job losses at Lloyds Banking Group rose by a further 260 today as it announced a fresh wave of cuts.

The job cuts will come in the Wealth & International where 180 jobs will be lost, Human Resources where 30 jobs will be lost and Group Operationswhere 50 jobs will be cut.

The latest cuts, described by the union Unite as “bleak”, take the total number of losses since its takeover of HBOS last year to more than 15,000. 

Unite has been calling for a commitment of no compulsory redundancies from Lloyds and for the company to share other cost-saving measures other than site closures and job losses.

 

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