Home  -  Banking

465 Lloyds Jobs at Risk

High street bank plans to move back-office jobs to larger centres

11th May 2005

Lloyds TSB has announced plans to transfer back office and administration jobs to larger sites in Glasgow, Manchester and Birmingham, putting 465 jobs at risk in its Swansea, Plymouth, Cardiff, Taunton and Stockton centres.

Lloyds denied claims from the union representing Lloyds workers that the losses were indirectly related to increased offshoring in India, where it is expected to have 2,500 employees by the end of the year.

Read More: BBC Report

Products from Lloyds : Advance,  Create Card,  Home Insurance,  Platinum Card,  Annual Cover,  Car Insurance,  Current Account,  Pet Insurance

More Lloyds News : Lloyds Launch Regular Saver Account,  Chip and Pin Pushes Card Fraud Abroad,  Cheltenham & Gloucester Launch New Mortgage Range,  Lloyds to Offer 'Instant Interest' on Cheque Deposits,  Lloyds Anti-fraud Device '100% Sucessful',  See all 16 Lloyds stories >>>

More on Employment : Abbey to Cut 1000 Jobs (News, 10/05/2005),  Barclays Job Cuts (News, 04/05/2005),  Barclays Announces Job Gains - And Losses (News, 07/06/2004),  CFS Bucks Call Centre Trend (News, 06/02/2004),  Offset Mortgage Specialist Creates 200 Jobs (News, 27/01/2004)

Home  -  Banking