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Wednesday 03 June 2009 8:00 pm

Lloyds unveils fresh job cuts

By: admindrupal

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LLOYDS Banking Group continued its drip-feed of job cut announcements yesterday, revealing 530 fresh redundancies and one site closure.

The bank said 210 people would lose their jobs with the closure of a customer service unit in Kent, while 320 more will go in retail banking.

The latest round of cuts come just a month after the bank wielded the axe over 625 staff in corporate lending.

The bank has so far cut 2,600 jobs since taking over HBOS but has not yet given an estimate of how many staff will have been made redundant by the end of the integration.

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