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More bank roles to go

900 RBS workers to go in latest cull

RBS hqRoyal Bank of Scotland has announced the latest round of cuts as it continues to reduce the size of the business.

It is taking out 900 jobs as part of a previously announced plan to take £800 million out of operating costs.

The bank has already axed more than 2,500 staff across the UK since January and it is understood the latest cutback will affect employees in Scotland.

Most of those expected to leave are in back office and IT roles which may surprise those who blamed the loss of technology jobs for a series of IT failures at the bank.

RBS now employs 89,000 staff in total – 64,000 in the UK – against 180,000 at the time of the crash in 2008.

A spokeswoman said: “As RBS becomes a smaller UK-focussed bank, we are restructuring our support services to better align with the business we are becoming. These changes unfortunately mean some job losses. We understand how difficult this is for our staff and will be offering as much support as we can including redeployment to other roles where possible.”

 

 



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