RBS staff told of job loss ‘horror story’
2 September 2010
Unite the union has today (Thursday 2nd September) described the
announcement by the Royal Bank of Scotland to axe a further 3,500
staff in the UK a "horror story."
Rob MacGregor, Unite national officer, said: "The news that the
Royal Bank of Scotland is to cut another 3,500 staff from across
the UK is a horror story.
"It will be a specially bitter pill for staff to swallow as RBS
has decided to move some of the jobs abroad to the Far East, India
and America.
"Just three weeks ago staff were boosted to hear of the £1.1
billion half year profit yet today thousands of them are told that
they have no future at the bank.
"Unite is appalled that this 84 per cent tax payer supported
institution has since 2009 - under the banner of a strategic review
- cut 21,500 staff.
"The scale of the cuts announced today beggars belief and staff
across the country today will be left reeling from this news. We
continue to see a financial services sector which thinks the skills
and expertise of it's staff are a disposable asset with scant
regard for the high level of service these very same staff provide
to their customers."
The announcement today will impact on Business Services
Operations with 2,500 losses and Technology Services facing 1,000
losses.
The losses will be driven by the closure or withdrawal from 12
UK centres and a further three centres are under review,
One third of all the losses, around 1,500 roles, are
attributable to the divestment to Santander of the 318 branches as
ordered by the European Commission.
RBS has announced plans to offshore upwards of 500 roles to its
existing non-customer facing technology operations in US, India and
the Far East.
ENDS
For more information please contact: Saba Mozakka, Unite press
office, on: 07768 693 953
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