Royal Bank of Scotland to cut 1,400 jobs in UK
DUBLIN (Reuters) - Royal Bank of Scotland will cut 1,400 jobs over the next two years in a restructuring of its retail head office in Britain, the part-nationalised bank said on Thursday.
In a statement, the chief executive of RBS's UK retail business, Ross McEwan, said the bank would try to avoid compulsory redundancies by redeploying staff where possible.
Trade union Unite described the job cuts as "brutal".
(Reporting by Carmel Crimmins; Editing by Anthony Barker)
- Tweet this
- Share this
- Digg this
- Golf-Tired finish for McIlroy to end stellar PGA Tour season
- Pope says world's many conflicts amount to piecemeal World War Three |
- Fate of United Kingdom hangs in balance after new Scotland polls |
- Scots independence battle reaches fever pitch on streets and screens |
- U.S. sees Middle East help fighting IS, Britain cautious after beheading |