17 March 2011

Lloyds Banking Group to cut 570 more jobs

Lloyds Banking Group is cutting 570 jobs and outsourcing more than 450 posts under further restructuring. The jobs are going from the part-nationalised group's wholesale, retail, insurance and human resources divisions across the UK. The cuts take the total number of jobs lost since Lloyds merged with HBOS two years ago to more than 26,700. Lloyds also said hundreds of jobs would be outsourced, affecting its cheque and credit processing operations... read more

BBC Business News
March 11

No comments: