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Lloyds union demands end to transfer of jobs to India following HBOS deal
The independent trade union representing the majority of Lloyds TSB Staff - Lloyds TSB Group Union - is to demand that, following its takeover of HBOS, the Lloyds TSB Board should ditch its strategy of offshoring jobs to India.
LTU has been arguing for some time that jobs that have been transferred to India over the past five years should be returned to the UK.
As part of the union's negotiations on the takeover, it will be insisting that to help mitigate large scale job losses in the UK as the new combined Bank seeks to remove overlaps and duplication - saving 1 billion by 2011 - the Bank should agree to:
* Immediately freeze all ongoing programmes that involve transferring yet more jobs - such as IT and back office processing - to India.
* Commence plans to return to the UK the estimated 3,000 jobs that have already been transferred to India, in order to safeguard existing UK jobs that would otherwise be lost as Lloyds TSB and HBOS operations merge together.
Such a move, says the union. would repeat its earlier success when in March last year - under pressure from the Union's 'Save UK Jobs' campaign - Lloyds TSB closed its Call Centre in Mumbai, returning all jobs to the UK.
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