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09 November 2023

308 jobs to go across 6 business areas

Newsflash for LBG members
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308 jobs to go, but 109 new roles created

Lloyds Banking Group has announced some job losses along with the creation of some new roles in 6 business areas across the Group.

The impacted areas are:

Although net job losses total 199, it’s likely that more colleagues than this will face redundancy.

By far the biggest change is in Consumer Relationships where 249 jobs are going with 67 new roles being created. Of those, 188 have signed up to leave under voluntary terms.

That still leaves a significant number of colleagues who will be at risk of compulsory redundancy and Accord’s immediate priority is to support those members.

Accords General Secretary Ged Nichols said:

“Our priority is to do all we can to avoid compulsory redundancies and we’ll stay closely in touch with our impacted members to deal with emerging issues. Accord’s team of experienced officers is on stand-by to support members through the change process from start to finish.”

Get in touch for support

Any members impacted by the changes should contact their local Accord officer for advice, support and guidance.

Find your local Accord officer

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