Unite slams 5,000 Lloyds Banking Group job losses as “corporate arrogance”
Rob MacGregor, Unite national officer, said: “This Lloyds Banking Group (LBG) announcement of 5,000 job losses demonstrates the depth of corporate arrogance within this taxpayer supported bank. This country’s financial sector should be looking towards the future, rather then continuing to slash jobs without proper consideration of how to re-build the public’s confidence in our tarnished banking sector.
“Today marks the start of another dark week for finance workers. It beggars belief that just days after 5,400 jobs were cut in RBS and HSBC, we see further devastation for workers in this part nationalised financial institution. This announcement of job losses in the insurance, group operations and retail divisions for is a bitter blow for these Lloyds workers across the UK.
“Unite is calling for the immediate suspension of all job losses in order for the company to introduce an agreement with the union of no compulsory redundancies in any section of LBG. The Government can not afford to continue to look the other way as hard-working families are punished in this manner.”
For more information please contract Saba Mozakka, Unite press office: 07768 693 953.
Saba Mozakka
Communications Officer
Unite
35 King Street
London
WC2E 8JG
Telephone: 020 7420 8916
Fax: 020 7420 8998
Mobile: 07768 693 953
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