Log in to your IBTimes Account

close
ID
Password

Lloyds adds to job losses with 535 cuts



30 November 2009 @ 12:46 pm BST

LONDON - Britain's Lloyds Banking Group is set to cut another 535 jobs after deciding to close a customer support centre in southeast England at the end of May.


A pedestrian passes the head office of the Lloyds Banking Group in London
A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009.
1 of 1

The retail bank -- which unions say has cut 15,000 jobs since it merged with rival HBOS earlier this year -- said on Monday 162 employees' roles would be redeployed, meaning a net reduction of around 373 jobs from the closure of the Brighton centre, which supports telephone and retail banking services.

"As part of our integration process we have reviewed our contact centre sites to ensure that we are operating in the best possible way," David Nicholson, Managing Director of Direct Channels, within Lloyds Banking Group, Retail Division, said.

(Reporting by Clara Ferreira-Marques; Editing by Dan Lalor)

© 2009 Thomson Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
advertisement

Real Time Economic & Market Headlines

Ransquawk news

More Real-time news »

More Companies
RBS shares closed the day down today after disclosing its annual report.
Gulfsands Petroleum plc, an independent oil and gas exploration and production company listed on the AIM has received an approach for its business.
Following claims that the governing Labour party is a “wholly owned subsidiary” of Unite, the union behind the looming British Airways strike...

 
 
IBTimes © 2010 The IBTimes Company Ltd. All Rights Reserved. Partners