Unite the union has expressed disappointment at the news today (12 October) that Lloyds Banking Group (LBG) is cutting another 1,340 jobs.
The job losses will come from retail banking and other divisions across the bank as part of the Strategic Review.
Rob MacGregor, Unite national officer, said: “These announcements to staff across Lloyds Banking Group are horrific news for staff. 1,340 job losses within this taxpayer backed institution are wholly unacceptable.
“The constant flow of job cuts across LBG must now be halted and staff be allowed to get on with delivering the high quality and impressive service they are so good at providing. The Lloyds management pursuit of this cuts' agenda is counter-productive in their aim of a successful business.
“Unite will oppose all job losses and challenge senior management to ensure all those affected by this latest round of announcements be offered alternative suitable employment.”
For further information contact Saba Edwards, Unite the union on: 07768 693 953.
Notes to editors:
- Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.