Unite reaction to further job cuts at Lloyds Banking Group
14 April 2011
The 41 per cent taxpayer owned bank has announced another 330
job losses today (14 April 2011). Unite is the recognised union for
the staff at Lloyds Banking Group.
David Fleming, Unite national officer, said: “Unite is appalled
to learn of a further 330 job cuts at Lloyds Banking Group, which
brings the number of staff cut since its formation to a staggering
22,000. Staff morale is at an all time low with the constant flow
of job cuts and the workforce feel they have no job
security.
“The union is demanding to know why when the new chief
executive, Antonio Horta-Osorio, has ordered a strategic review of
the entire business he is sanctioning this method of drip feeding
job losses. Unite is calling for an immediate halt to these job
losses until the review is concluded. As a minimum there must be no
compulsory cuts.”
The 330 jobs will be cut from the group operations and wholesale
functions.
ENDS
For more information please contact Saba Mozakka, Unite press
office, on 07768 693 953.
