Reports that the taxpayer-owned Royal Bank of Scotland (RBS) is gearing up for another bout of job losses were condemned today (Friday 10 January) by Unite, the country’s largest union.
Unite national officer for finance Dominic Hook said today: “Media reports that RBS is gearing up for another substantial round of job losses next month is very worrying.
“Our members have borne the brunt of the management’s mistakes that necessitated the taxpayer bailout in 2008 - and we feel that: ‘Enough is enough’.
“About 40,000 workers have already lost their jobs and RBS should draw a line in the sand on job cuts.
“Many of our members earn as little as £16,000 a year and this has gone hand in hand with increased workloads, unpaid overtime and great pressure to perform and sell financial products.
“We call on the RBS management to engage with Unite in a constructive fashion over its future plans and acknowledge that an organisation’s greatest asset is its people, rather than employees hearing of the group’s plans via leaks to the press.”
For further information please contact Unite senior communications officer Shaun Noble on 07768 693940
Twitter: @unitetheunion Facebook: unitetheunion1 Web: unitetheunion.org
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.