TITLE

RBS 'will try to avoid making compulsory redundancies.'

AUTHOR(S)
Phillips, Lucy
PUB. DATE
November 2009
SOURCE
People Management;11/19/2009, Vol. 15 Issue 24, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article unveils the plan of the Royal Bank of Scotland (RBS) to reduce its workforce without any compulsory redundancies. According to Neil Rode, group human resource (HR) director, the employee reductions will start in May 2010. He added that the three-quarters of job losses at the bank were successfully done without the need for compulsory redundancies. RBS announced that most of the jobs reduction will be made through natural wastage, redeployment and the release of temporary staff.
ACCESSION #
47083352

 

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