Business | Banking

RBS may make 2,300 UK employees redundant

Job cutbacks would not include staff that deal directly with the bank's customers.

  • Reuters
  • Published: 23:04 February 10, 2009
  • Gulf News

London: The Royal Bank of Scotland (RBS) Group could cut up to 2,300 jobs in Britain or around two per cent of its local workforce of 106,000, the bank said in a statement on Tuesday.

The layoffs will not affect customer-facing staff, RBS added.

"We will be consulting with our recognised trade union, Unite, and our employees throughout. We fully agree with Unite that we must keep compulsory redundancies to a minimum and we will," said UK Chief Executive Alan Dickinson.

Earlier on Tuesday, Unite members stood outside the entrance to a meeting of parliamentarians and former senior banking executives, including two from RBS, and held placards saying: "Remember us? You've put our jobs at risk."

Prior to these latest layoffs, RBS has slashed around 3,950 jobs across the group since August 2007.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Way to go this DSF
XPRESS

Way to go this DSF

A fun-filled route to guide you to all the happening dos in town

Business Editor's choice