Bank to axe more workers.HUNDREDS of Scots bank jobs are to be axed in the latest blow to the financial sector, it was announced yesterday. The Lloyds group said they would cut 355 more Scottish jobs as they continue to integrate operations with HBOS HBOS Halifax Bank of Scotland . Unions said they were "astonished" by the latest cuts. The bulk of the posts - 335 - will go in group operations, which carries out support functions such as payment and business services. A further 20 will go in the wholesale division, which provides financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to business customers. Morale A total of 2100 jobs are to go across the whole of the UK over the next three years. Lloyds group operations director Mark Fisher said: "By bringing the businesses together, we will be better placed for the future." Rob MacGregor, the union Unite's national officer, said: "This loss of over 2000 jobs marks the largest single job loss announcement since the formation of Lloyds Banking Group in January. "Morale is truly low as employees across Lloyds are in a permanent state of anxiety as they see hundreds of job losses every week. "This brings job losses since January in LBG LBG Local BEST (Board of European Students of Technology) Group LBG Locust Bean Gum LBG Lyman break galaxy LBG Louis Berger Group, Inc. LBG Linde, Buzo, and Gray (vector quantization method) to over 7000." BUSINESS: Page 37 CAPTION(S): BETTER PLACED: Fisher |
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