Lloyds Cuts 15 000 Jobs
Published / Last Updated on 29/06/2011
Lloyds Cuts 15,000 Jobs.
Lloyds Banking Group is to cut a further 15,000 jobs. The job losses are part of a package of cuts aimed at saving £1.5bn by 2014. Since it stepped in to rescue HBOS, the bank have already cut around 27,000 jobs.
The group also plans to reduce its international presence from around 30 countries to less than half that number by 2014.