Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

BRIEF-UK's Unite says RBS to cut 40 pct IT staff by 2020

Published 15/08/2017, 08:50 pm
BRIEF-UK's Unite says RBS to cut 40 pct IT staff by 2020
NWG
-

Aug 15 (Reuters) - UK'S UNITE:

* UK'S UNITE - ROYAL BANK OF SCOTLAND TOLD STAFF ON AUG.15 THAT IT WILL BE CUTTING A FURTHER 40 PER CENT OF PERMANENT STAFF FROM ITS LONDON IT FUNCTION BY 2020

* UK'S UNITE - COUPLED WITH 65 PER CENT REDUCTION OF CONTRACTORS ANNOUNCED TODAY, WILL TOTAL A REDUCTION OF 880 STAFF

* UK'S UNITE - "BRANDED ROYAL BANK OF SCOTLAND FIXATION WITH CUTTING EMPLOYEE NUMBERS, RESTRUCTURING AND OFFSHORING WORK AS WHOLLY UNACCEPTABLE"

* UK'S UNITE - "LATEST ANNOUNCEMENT THAT 650 PERMANENT STAFF AND 230 CONTRACTORS ARE TO LOSE THEIR LIVELIHOODS FOLLOWS ANNOUNCEMENT IN 2016 OF 600 STAFF CUTS" Further company coverage: RBS (LON:RBS)

(Bengaluru Newsroom)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.