Lloyds Cutbacks To Top 8,000

16 Jul 2009

Lloyds Banking Group has announced that it is downsizing its workforce by another 1,200, bringing the total of job cuts to more than 8,000 since it merged with HBOS earlier this year.

Lloyds Banking Group has announced that it is downsizing its workforce by another 1,200, bringing the total of job cuts to more than 8,000 since it merged with HBOS earlier this year. Most of the eliminated positions will come from its Scottish Widows Insurance unit, with 350 temporary ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options