Lloyds Banking Group is planning to slash 500 jobs across its finance and retail arms as part of its restructuring plan.
The recent job culls are part of 15,000 previously announced redundancies and will take the number of cuts in the last three years to more than 13,000.
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The cuts will bring the number of jobs lost at Lloyds to around 30,000 since the banking crisis unfolded in 2008, said Unite union.
The bank added that about 175 of the job cuts would come from temporary agency staff or by not filling vacant positions while around 24 staff would go from risk functions.
Additionally, the bank intends to fire 100 customer service managers after reducing the number of advisers by 20% during the past few years.
Rob MacGregor, Unite national officer said: "We have major concerns that Lloyds seems comfortable in announcing continuous salami-slicing job losses on a bi-monthly basis which exacerbates our members’ fears and worries about their future.
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By GlobalData"There should be no more job cuts, given that LBG persists in continuing to exploit cheaper resources offshore. Unite questions whether LBG is living up to its own job security agreements as it would appear that an extraordinary number of colleagues are working overtime to make ends meet which, at a time of job losses, should not be happening," he added.
A bank statement said: "The Group’s policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the Group. Compulsory redundancies will always be a last resort."
