Unite reaction to nearly 1,000 Lloyds Banking Group job cuts
7 February 2012
David Fleming, Unite national officer, said: “The announcement
that Lloyds Banking Group is today to cut nearly 1,000 jobs will be
devastating for the workforce. Already some 28,000 employees have
lost their jobs as a result of the past poor management decisions
at the top of this organisation. Now staff across the LBG
insurance, HR, wholesale, retail and group operations will face an
uncertain future.
“Unite believes that this announcement is inappropriate as the
full requirement of the group's divestment is unknown. Unite will
be holding discussions with the bank with the objective of
minimising the need for job cuts following this further
restructuring. The organisation must do more to offer redeployment
opportunities to their workers.”
The main areas impacted by this news today are: HBOS Newcastle,
LTSB Scunthorpe, LTSB Dudley and HBOS Romford
ENDS
For more information please contact Saba Mozakka, Unite the
union, on 07768 693 953
