Unite anger at 2,300 RBS job losses
Derek Simpson, Unite Joint General Secretary said: “On the day that ‘sorry’ appears to be the easiest word for the bosses, 2,300 employees are left paying the price for management mistakes. The announcement by Royal Bank of Scotland that they plan to cut thousands of jobs marks a disastrous day for staff at the bank and represents a further blow to workers across the financial services sector.
“These job losses reflect the reality of the credit crunch where staff face the ultimate penalty in the form of their jobs, while the senior bankers, who played monopoly with the money of established finance companies, simply walk away with bumper pay offs.
“Unite remains opposed to any possible compulsory redundancies as a result of this restructuring plan. The priority, through continued consultation, is now to ensure that every endeavour is made by RBS to avoid any such redundancies. The union will continue to campaign to retain vital financial sector jobs which must remain an essential element in the UK’s strategy to emerge from this economic downturn.”
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For more information contact: Saba Mozakka, Unite Press Office on: 020 7420 8916 or 07768 693 953.
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