Lloyds Banking Group to axe 780 jobs at its branches in the UK

According the trade union Lloyds informed its workforce across the UK that the equivalent of 780 full time staff will lose their jobs in the latest round of job losses at the bank.

Scott Doyle, Unite LBG committee chair, said: "The news that a substantial number of employees from the bank branch network have been told that they are being made redundant from LBG between June and October 2020 is deeply alarming

“The decision by Lloyds Banking Group to cut the equivalent of 780 staff from its branches is yet more evidence of the bank’s profits over people culture," said Mr Doyle.

“The Bank of Scotland, Lloyds and Halifax branches hit by the extensive staff cuts today will have sent shockwaves through the communities which are at present served by highly experienced bank staff.

“Unite accepts that banking models constantly change and update but this doesn’t need to equate to walking away from community banking and the public who have been loyal to the bank.

“Unite has pressed LBG to reconsider these job cuts and ensure that the bank remains rooted in the communities on which they depend for their long-term sustainability.

"There is no doubt that customers need experienced and highly committed banking staff in their communities and not just at the end of the phone or via an app.”

LBG employs 6,000 staff in Calderdale, and have two major corporate centres in the borough, on Trinity Road and in Copley.

A spokesman for the bank said: "As customers are using our branches less often, we are reducing the number of roles across our branch network.

"This means we can shape our service according to customer behaviour and local demand.

"Change does mean difficult decisions and we are focused on supporting our colleagues at this time."