TITLE

Lloyds to axe 1,755 jobs in cost-cutting drive

AUTHOR(S)
Barker, Sam
PUB. DATE
February 2016
SOURCE
Mortgage Strategy (Online Edition);2/4/2016, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Lloyds Banking Group to make 1,755 job cuts and close 29 branches as part of its cost-cutting measures in 2016. The bank's commercial banking, consumer finance, legal, group operations and retail arms will be affected by the job cuts. Ged Nichols, general secretary of labor union Accord, issued a statement regarding the job losses.
ACCESSION #
112761532

 

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