Lloyds Banking Group to cut 1,600 jobs as it shifts towards online banking | UK News

Lloyds Banking Group is to cut about 1,600 jobs throughout its department community as it continues to shift its enterprise towards online banking.

Some 830 new roles will even be a part of the technique, leading to a internet discount of 769 jobs.

“We’re introducing a number of new roles and making changes to our branch teams so our customers can see us how and when they want to,” a spokesperson stated.

The new jobs will likely be buyer dealing with and supply companies throughout branches, through video conferences and over the telephone.

Lloyds, in widespread with different main excessive road banks, has been closing branches throughout the nation.

Subsidiaries of the Lloyds Banking Group embrace Royal Bank of Scotland and Halifax.

In June the group stated it would shut the doorways on 21 Lloyds Bank websites, together with 15 Halifax excessive road branches and 17 Bank of Scotland buildings between September and May 2024.

Closure of 40 Lloyds and Halifax websites was introduced final January.

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