Lloyds Bank to cut 780 more jobs



Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.

Trade union Unite said that Lloyds broke the news to its workforce today, with employees set to be made redundant between June and October this year.

The announcement comes just after Lloyds Banking Group revealed plans to close 56 branches across the UK this year, with 15 Bank of Scotland branches to be closed in Scotland.

Unite labelled the job cuts as further evidence of the bank’s “profits over people culture”.

Scott Doyle, Unite’s Lloyds Banking Group committee chairman, said: “The Bank of Scotland, Lloyds and Halifax branches hit by the extensive staff cuts today will have sent shockwaves through the communities which are at present served by highly experienced bank staff.

“Unite has pressed Lloyds to reconsider these job cuts and ensure that the bank remains rooted in the communities on which they depend for their long-term sustainability.

“Unite has pressed LBG to reconsider these job cuts and ensure that the bank remains rooted in the communities on which they depend for their long-term sustainability. There is no doubt that customers need experienced and highly committed banking staff in their communities and not just at the end of the phone or via an app.”

A spokesman for the bank told STV News: “As customers are using our branches less often, we are reducing the number of roles across our branch network. This means we can shape our service according to customer behaviour and local demand. Change does mean difficult decisions and we are focused on supporting our colleagues at this time.”

HSBC also announced today that it will be closing a further 27 branches this year.

Tags: Lloyds Bank



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