Lloyds Banking Group to axe further 2,000 jobs

| June 30, 2009 | 0 Comments

Lloyds Banking Group has dealt yet another jobs blow to its staff with the news that it will axe another 2,100 jobs over the next three years.

Lloyds Banking Group, which is 43% state-owned, has shed thousands of jobs following its merger with HBOS last autumn. Since January, the banking giant has announced more than 7,000 job losses.

The Unite union described today’s announcement as “astonishing” and said morale at the bank was “truly low”.

Rob MacGregor of the Unite union said: “Employees across Lloyds are in a permanent state of anxiety as they see their employer announce hundreds of job losses every week.”

According to Lloyds, 700 jobs will go through “natural attrition”, including 150 in West Yorkshire and 550 across sites in Scotland and the Midlands.

Meanwhile, 170 “relationship manager” positions will go across the UK and the bank will close five commercial service centres this year in Barnstaple, Exeter, Lincoln, Plymouth and Yeovil.

Furthermore, two call centres will close in Chester and Speke, with the loss of 84 jobs.

Staff have also been informed that a further 34 commercial service centres are now “under review“.

Commenting on today’s losses, Mark Fisher, director of group operations at Lloyds Banking Group, said: “By bringing the businesses together, we will be better placed for the future. Regrettably, however, some of our colleagues will be affected by our plans.

We understand that this difficult news will be unsettling and we will be working closely with those colleagues affected,” concluded Mr Fisher.

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