This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8472252.stm
The article has changed 5 times. There is an RSS feed of changes available.
| Version 2 | Version 3 |
|---|---|
| Lloyds Bank reveals 585 job cuts | Lloyds Bank reveals 585 job cuts |
| (19 minutes later) | |
| Lloyds Banking Group has announced it is to cut 585 jobs in the UK. | |
| Lloyds said the majority of those would come from the closure of all 58 of its Black Horse personal loan centres. | |
| The Unite union said it was "deeply disappointed" by the decision and warned the bank not to repeat their approach of 2009 of mass job cuts. | The Unite union said it was "deeply disappointed" by the decision and warned the bank not to repeat their approach of 2009 of mass job cuts. |
| Lloyds announced thousands of job cuts last year as it tried to reduce costs following its ill-fated merger with HBOS in 2008. | Lloyds announced thousands of job cuts last year as it tried to reduce costs following its ill-fated merger with HBOS in 2008. |
| "The strategy last year has had a devastating effect on staff and created job insecurity for most colleagues," Unite said. | "The strategy last year has had a devastating effect on staff and created job insecurity for most colleagues," Unite said. |
| Lloyds said it was working through the changes "carefully and sensitively". |