News - Midlands

Lloyds to cut jobs in Leicester

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The Leicester office of Lloyds Banking Group will be affected by the bank's plan to shed a further 200 jobs, it has been announced. The latest round of job cuts at the part-nationalised bank is expected to take place at six of its UK sites.

The losses will occur at offices in Leicester, Chester, Edinburgh, Newport, Copley in West Yorkshire and Shannon.

The bank has now cut a total of 26,200 jobs as part of its "ongoing integration programme".

In a statement, the bank said: "Lloyds Banking Group is committed to working through these changes with employees in a careful and sensitive way.

"All affected employees have been briefed by their line manager today. The group's union partners were consulted prior to this announcement and will continue to be consulted throughout the process.

"The group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group. By making less use of contractors and agency employees it reduces the impact on permanent staff.

"Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary severance. Compulsory redundancies will always be a last resort.

"The overwhelming majority of role reductions has been achieved through redeployment, natural turnover, closing vacancies, expiry of temporary contracts and voluntary redundancy."

The Unite union called on Lloyds to reverse its decision.

 
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