21st Jun 2016 12:36
LONDON (Alliance News) - Royal Bank of Scotland Group PLC is set to cut around 900 jobs in the UK, according to sources close to the bank speaking to Reuters.
Reuters said the latest cuts will be made in the bank's IT and back-office operations, which support its commercial, retail and private banking businesses.
The new cuts will take the total number of lay-offs made by RBS in the past four months to around 5.0% of its UK workforce.
http://www.reuters.com/article/us-rbs-employment-cuts-idUSKCN0Z711A
By Sam Unsted; [email protected]; @SamUAtAlliance
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