Bank cuts 5,000 jobs as profits dip.BANKING giant Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. today revealed plans to axe 5,000 jobs as it reported an 8 per cent slide in profits over the last year - down to pounds 3.55 billion. The group said the jobs would go this year mainly from its central and support areas, although 2,000 jobs would be created in "customer facing" sales and service areas. Finance union UNIFI UNIFI Università Degli Studi Di Firenze (University of Florence, Italy) UNIFI Universal Financial Industry Message Scheme (business modeling methodology and XML syntax) said it would fight any compulsory Wikipedia does not currently have an encyclopedia article for . You may like to search Wiktionary for "" instead. To begin an article here, feel free to [ edit this page], but please do not create a mere dictionary definition. redundancies and said there was "no justification" for job cuts. |
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