ONE HUNDRED and forty workers at Lloyds Banking Group in Halifax yesterday learnt that they had lost their jobs.
Staff in various departments had been working under a cloud since June, when it was announced more posts were being made redundant.
But staff didn’t know who would be affected until yesterday’s announcement. There were tearful scenes when workers learnt who was staying and who would go.
The staff are among 1,300 cut nationally. The cut affects staff working in group functions, retail and operations at Trinity Road, Halifax, and the Copley Data Centre.
Calderdale Council leader Janet Battye said the announcement was disappointing but she was hopeful for the future.
“We have a good relationship with Lloyds in Halifax and the bank has given the council reassurances about the long-term future,” she said.
“The council values that relationship and the opportunities for people who work at Lloyds.”
The bank employs around 6,000 in Halifax and the majority of staff live locally.
The strategic review announced on June 30 said 15,000 job cuts had to be made by 2014 to help deliver £1.5 billion of annual savings.
Of the 1,300 announced yesterday, 1,120 were linked to the June announcement and the 180 remaining reductions are part of the group’s ongoing three year integration programme due to finish at the end of this year.
The bank said it would be working to limit the impact on staff and expected the number who actually lost jobs would be less than the figures announced.
“During 2009 and 2010, slightly less than half of the role reductions made as part of integration have led to people leaving the group through redundancy,” said a bank spokesman.
Around 30,000 Lloyds jobs have been lost since February 2009 according to the Accord Union which represents around 60 per cent of ex-HBOS employees.
General secretary Ged Nichols said yesterday’s announcement was terrible news for those affected.
“It is the first tranche of the extra 15,000 job losses forecast in LBG’s recent Strategic Review,” he said.
“The impact on employee morale of these incessant job cuts is what you would expect.
“Accord has informed LBG that it must do everything possible to avoid compulsory redundancies and work with us to provide support and guidance to those affected.”
The bank has reiterated its commitment to Halifax which it has said would remain a major centre and the Halifax brand will be widely promoted next month in a TV and press advertising campaign.