Unite demands guarantees over redundancies in Lloyds Bank restructure
- Tuesday 6th November 2018
Unite the union called on Lloyds Banking Group to guarantee no compulsory redundancies and warned of plummeting staff morale after the bank announced plans today (Tuesday 6 November) to axe 6,000 roles while creating another 8,000 different jobs as part of a ‘change’ programme that also sees the closure of a site in Gillingham, Kent.
Branding the closure of the Gillingham commercial banking site, which affects hundreds of workers, as a ‘bitter pill’ for loyal staff, Unite warned that workers could effectively be forced out of working for Lloyds because they would be unable to move or travel to where the new roles are located.
Today’s announcement is the latest in a long line at the bank which made third quarter pre-tax profits of £1.8 billion. In recent years Lloyds has closed 500 branches and axed 50,000 jobs.
Commenting Unite national officer Rob MacGregor said: “As the profits stack up for Lloyds, so does the uncertainty for loyal staff who work hard to serve customers. This latest announcement will undoubtedly hit the morale of staff who have had to endure round after round of job cuts, branch closures and constant upheaval.
“The news of additional jobs will prove to be a bitter pill for workers at Lloyd’s Gillingham site closure. These hard working staff face limited opportunities for redeployment, while other workers around the country could effectively be forced out of a job because they are unable to travel or move to where the new roles are located.
“Unite will be pressing Lloyds to guarantee no compulsory redundancies and ensuring that staff who move into new roles are given the support and skills that enable them to continue delivering the best possible customer service.”
For more information please contact Alex Flynn Unite head of media and campaigns on 020 3371 2066 or 07967 665869
Notes to editors:
- Unite represents workers in Britain and Ireland with members working across all sectors of the economy. The general secretary is Len McCluskey.