Unite reaction to 985 Lloyds Banking Group job losses

23rd April 2009

Rob MacGregor, Unite national officer, said: “Unite sees this announcement as the first test for the newly formed Lloyds Banking Group (LBG) to demonstrate its commitment to avoid compulsory redundancies.

"For the 985 people in LBG to learn that they are to lose their jobs will cause uncertainty for staff across the company. Unite the union is calling for LBG to ensure that the integration programme concentrates on saving jobs and preventing redundancies.

“For some months now the employees of the company have had to live with almost daily speculation about the security of their jobs and the long-term plans for the company. Today the workforce must face the horrendous reality that integration will mean that some will lose their jobs.

“Unite is pressing for LBG to ensure there is full consultation with the union ahead of any decisions which will impact on employment levels across the group. The company must be creative in finding means of achieving cost savings, with re-deployment and re-training measures as central in its strategy to bring HBoS and Lloyds TSB staff together. The union will oppose any compulsory job losses at the company.”

ENDS

For more information contact: Saba Mozakka, Unite press office on: 020 7420 8916 or 07768 693 953.


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