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

Barker, Sam
February 2016
Mortgage Strategy (Online Edition);2/4/2016, p5
Trade Publication
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.


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