Banking giant Lloyds has announced that another 370 jobs will be lost at the company, hindering prospects for banking graduate job seekers.
The positions will be lost from its Wealth & International, Group Operations and Group Executive functions across the UK.
Trade union Unite claims the total number of job losses at the bank has reached 15,000 since its formation in 2009.
The news was issued on the same day that Capita confirmed the loss of 390 jobs from its Bristol operation, prompting Unite to brand it as a "bleak day" for finance staff.
Unite national officer Rob MacGregor said: "The 760 finance staff who have today been told that they face an uncertain future will be devastated by these announcements."
The organisation has been working with Lloyds Banking Group to minimise the number of redundancies following the integration of Lloyds and HBOS businesses.
"The union is optimistic that Lloyds will continue to work with us to identify all possible options of alternative employment for staff," added Mr MacGregor.
Unite is now calling for a commitment to no compulsory redundancies, ending the practice of using contractors or temporary workers, the return of all offshore work and for the company to invest in other cost-saving measures.
"So you’re a student or graduate who wants a top paying career in Banking & Finance?”
If yes, watch the video on the right now to gain instant access to everything you need to secure a top paid career / internship in banking & finance (Valued at £197)…


Facebook comments:
Powered by Facebook Comments