Unite reaction to 625 Lloyds job losses
19th May 2009
Rob MacGregor, Unite national officer, said: “Unite is furious
that the Lloyds Banking Group has again announced several hundred
job losses today. This latest decision to announce 625 job losses
appears to suggest that the bank is embarking on a strategy of
‘death by a thousands cuts’.
“The union will not accept a situation where the Lloyds Banking
Group makes weekly announcements of hundreds of job losses. Staff
must be told the company’s plans for the future of the organisation
and not be left with the uncertainty that they could be the next to
lose their jobs.
“The hardworking and dedicated workers across the Lloyds Banking
Group have coped with the uncertainty about their futures for far
too long. It is now time for their employer to come clean with
their plans and not leave staff in this state of uncertainty any
longer. Unite is demanding that the company meets with the union to
have a full discussion on future of the workforce.
“Unite remains opposed to compulsory job losses, Lloyds Banking
Group must now work with the union to ensure that members at risk
of redundancy who wish to remain in the employment of the group are
given the opportunity to do so.”
ENDS
For more information please contact: Saba Mozakka, Unite the
union on: 07768 693 953 or 020 7420 8916.
Notes to Editors
- In the first four months of 2009 Unite has recorded 20,000 job
losses in the finance industry. Unite, which represents staff in
the finance industry, has warned banks and insurance firms that
slashing their staff will lead to a deeper crisis in the
industry.
- Since the creation of the Lloyds Banking Group 2,225 job losses
have been announced.
- The announcement today will largely impact London and
Edinburgh.
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