Four separate change programmes announced
As a result of four change programmes in Lloyds Banking Group announced today, 91 roles are being removed and 19 new roles created (resulting in a net reduction of 72 roles), with branch and remote mortgages mainly affected.
Briefings for impacted staff started this morning.
The affected business areas are:
- Retail - Branch & Remote Mortgages (leadership roles, rather than colleagues that directly interact with customers)
- Retail - Customer Services
- Group Finance
- Commercial Banking - Lloyds Bank Corporate Markets
The changes impact a number of locations across the UK and Jersey.
The union will be contacting impacted members to offer support and advice.
Preventing compulsory redundancies
Commenting Accord’s General Secretary, Ged Nichols, said:
“Job reductions are never welcome but particularly in the current economic climate. We'll be working hard to ensure that compulsory redundancies are a last resort, pressing Lloyds Banking Group to make every reasonable effort to find alternative roles for those who want to stay with the Group.”
Accord’s President, Neil Magill, added:
“We’ve got an excellent track record of working with LBG to do the right thing by its people through business reorganisations by providing individual support to any member who needs it. These changes will be dealt with in the same way.”
For further information please contact [email protected].