Newsletters: All Members
Bank Announces 2,113 More Job Losses ... & Reaffirms Commitment To ‘Jobs To India’ Strategy
Date: 30th Jun 2009 | Size: 89K
Today the Bank has announced a further 2,113 job losses resulting from the integration of Lloyds TSB and HBOS activities, bringing the total announced over the past ten weeks to 7,500.
The Divisions affected by today’s announcement are:

* 1,380 Jobs Group Operations
* 633 Jobs Wholesale

At the same time as announcing these job losses the Bank has announced it has ruled out returning the 4,500 jobs it has already offshored to India.
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Bank Announces Major Commercial & Corporate Banking Reorganisation
Date: 30th Jun 2009 | Size: 96K
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PPI Policy & Voluntary Redundancy
Date: 26th Jun 2009 | Size: 411K
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C&G Branch Network To Close ... & Major Mortgage Restructure
Date: 9th Jun 2009 | Size: 102K
C&G has today announced that its entire Branch Network will close on 6th November 2009, together with a number of further substantial changes to the Group’s Mortgages operations.

All 928 C&G Branch Network Staff have been issued with letters notifying them that their jobs are at risk of redundancy and that though the Company will take steps to find staff alternative roles, compulsory redundancies will be inevitable.

This announcement has accompanied news that on 1st July the Lloyds Banking Group will be cutting its core intermediary mortgage brands from eight to four; scrapping the Bank of Scotland and Intelligent Finance intermediary brands. This will result in 159 further jobs being made redundant.
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Retail Bank: Reorganisation & Redundancies
Date: 3rd Jun 2009 | Size: 853K
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Wave 4 & Beyond Selection Process Agreed
Date: 3rd Jun 2009 | Size: 906K
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Direct Channels: Reorganisation & Redundancies
Date: 21st May 2009 | Size: 1.03M
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LTU and Bank Agree Bonus Deferral Arrangements
Date: 19th May 2009 | Size: 434K
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Wholesale Integration: Reorganisation & Redundancies
Date: 19th May 2009 | Size: 526K
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