Lloyds Banking Group axes over 900 jobs as part of sweeping shake-up across the business



More than 900 jobs have been axed by Lloyds Banking Group as part of a sweeping shake-up across five divisions at the lender.
The banking giant said 930 roles would be slashed, with the lion's share of the impact hitting commercial banking, the chief information office, risk, community banking, insurance and wealth. 
However, the move will lead to the creation of 465 new roles throughout the business, Lloyds said in a statement on Monday.
The shake-up is part of a three-year strategic plan to be presented by chief executive António Horta-Osório later this month.
Since Mr Horta-Osório took... read more

 
6 February 2018 in Business, Views: 125
Source: Daily Mail
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