9,000 #LowPaid workers thrown on the #DOLE @UniteTheUnion no compulsory redundancies @AskLloydsBank Unite the Union warned that further job losses at Lloyds Bank could have ‘unknown’ consequences for customer service, as it called for a no compulsory #redundancy guarantee following confirmation of plans by the bank to cut a further 9,000 jobs over the next three years. Today’s announcement is the latest in a series of cuts which have seen over 30,000 jobs go since the banking crisis in 2008. The move, which could see the closure of 150 branches, prompted Unite the union to call on Lloyds Banking Group to slash #ExecutivePay if there were compulsory redundancies and customer service suffered. The confirmation by #Lloyds, which is a quarter owned by the taxpayer, follows last week’s leak of the job losses. The leak led to calls by the union for financial regulators to investigate how potentially market sensitive information has repeatedly found its way into the public domain. Commenting #Unite national officer Rob MacGregor said: “These are deeply unsettling times for Lloyds staff, who after days of speculation and leaks face yet another round of job cuts and a future of uncertainty. “#JobCcuts of approximately 10 per cent could have unknown consequences on customer service and will put even more pressure on staff who have helped get the bank back on the right track. The wallets of top executives at Lloyds should not be getting fat by forcing #LowPaid workers onto the dole. If there are compulsory redundancies or customer service suffers then executive pay should be cut. “Over the coming days we will be pressing Lloyds for clarity and for guarantees over no compulsory redundancies.”
Posted on: Tue, 28 Oct 2014 11:55:58 +0000
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