Connect with us

Hi, what are you looking for?


RBS cuts more jobs in Britain

News Updates 22 June 2016_html_609239aeRoyal Bank of Scotland is planning to cut about 900 jobs in Britain. This would take the total number of job losses in the bank in the last four months to around 5% of the bank’s British workforce. The latest cuts are in the IT and back office positions that support the commercial, retail and private bank. The bank confirmed that some staff would lose their jobs but declined to give specific numbers. It said in a statement it would be difficult for the staff but it will be offering as much support as it can, including redeployment to other roles where possible. RBS had 64,000 staff in Britain as of December 2015. The staff affected by the present cut work in cities across Britain, including London, Edinburgh, Manchester and Birmingham. According to bank sources, at least 100 jobs are being transferred to India, where people can perform the same role on lower salaries. The latest cuts mean the bank has given exit orders to at least 2,700 staff across the country since the beginning of March.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.