Lloyds Banking Group chop another 700 jobs.
The trade union Accord has announced this morning that 700 jobs are set to go at Lloyds Banking Group’s offices in Aylesbury, Buckinghamshire.
Since its merger with HBOS last autumn, Lloyds has axed thousands of jobs due to overlap within the megabank.
The news comes just two weeks after the banking giant, which is 43% owned by the taxpayer, announced it would axe 5000 jobs by the end of 2010 – these were in addition to the 10000 already axed this year.
Source: Kay Murchie of Financial Markets
Total losses = 700
Grand Total 2009 = 15000
Related Web Links:
- Lloyds Group to sack another 1200 people. (July 16th 2009)
- Lloyds Group to fire another 2100 employees. (June 30th 2009)
- Lloyds Group to cull a further 240 offshore banking jobs. (June 24th 2009)
- Lloyds Banking Group will cut 625 jobs in Britain, according to Reuters. (May 26th 2009)
- Lloyds TSB to axe 625 bank staff. (May 19th 2009)
- Lloyds Banking Group cutting 985 jobs. (April 23rd 2009)
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