Unite responds to Lloyds announcement of 1,300 job losses

9 August 2011

David Fleming, Unite national officer, said: “Workers at Lloyds Banking Group have today heard that their employer is to shed 1,300 staff as part of 15,000 job losses announced for the strategic review. This latest decision is astonishing and will send ripples of shock across the entire business as it signifies the reality and misery that faces hard working staff.

“Over 1,000 staff from the Lloyds business functions in risk, insurance, retail, wealth and international, operations and corporate affairs have today been informed that there will be cuts in their area.

“Unite is demanding that the Lloyds Banking Group puts to an end the widespread practice of employing agency and temporary staff while making thousands of permanent employee redundant. This approach is abhorrent and instead Lloyds should be redeploying and retraining its existing workforce to limit the impact caused by its restructuring plans.”

ENDS

For more information please contact: Saba Mozakka, Unite press office on: 07768 693 953


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