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Newsletters: Head Office & Group Operations
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Date: 6th Feb 2007 | Size: 178K
Group Operations Senior Management has announced further major staff reductions during 2007 as it presses ahead to achieve cost savings of £121 million a year by 2010.
Over 1,250 Group Operations staff are expected to be directly affected be staff cutting measures during this year, with overall staff numbers being slashed by over 750.
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Date: 30th Jun 2006 | Size: 86K
LTU and the Bank have reached a compromise on compensation relating to new working arrangements for those Group Audit staff who until now have had their home defined as their ‘normal place of work’.
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Date: 25th May 2006 | Size: 82K
The Bank has announced plans to offshore the work of more than 150 Human Resources Staff to India.
Following completion of the feasibility study it announced earlier this year, Senior Management have confirmed that it will be linking up with the offshoring specialist company Xansa, to progressively transfer the work of the following HR functions in two phases over the next 13 months.
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Date: 19th May 2006 | Size: 62K
Over recent weeks LTU has raised a number of important issues regarding staff management practices within Group Audit. There have also been two matters of immediate concern upon which senior management had previously failed to consult LTU: the withdrawal of Homeworking and of the Daily Allowance.
Shortly, Senior Management will present LTU with proposals in an effort to see whether satisfactory progress can be made in resolving staff concerns over plans to withdraw existing Homeworking arrangements and the payment of the £5 Daily Allowance.
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Date: 2nd May 2006 | Size: 36K
Last week, LTU issued a Newsletter exposing the appalling treatment of Group Audit Staff.
But rather than either contesting the points made by LTU - or taking the opportunity to discuss how the working environment can be improved - a meeting scheduled for Thursday between Group Audit Top Management and LTU has been cancelled.
The Newsletter obviously struck a chord with staff, with many members providing their support for what LTU has said and - despite our already high membership - more staff deciding now is the time to join LTU.
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Date: 25th Apr 2006 | Size: 81K
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Date: 25th Apr 2006 | Size: 28K
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Date: 20th Apr 2006 | Size: 76K
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Date: 15th Mar 2006 | Size: 526K
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