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Home | Lloyds to shed 15,000 jobs worldwide |
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Lloyds to shed 15,000 jobs worldwide
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- June 30, 2011
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Lloyds Banking Group is to shed 15,000 jobs worldwide. The group intends to deliver £1.5 billion of annual savings by 2014 through “better end-to-end processes and IT platforms, a delayered management structure and simpler legal structure”. Cost savings should enable an additional £2 billion of investment over the period 2011 to 2014, focused as follows: [...]
- Read more at:http://www.bankingtimes.co.uk/2011/06/30/lloyds-to-shed-15000-jobs-worldwide/
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