Tuesday, 15 August 2017

Unite union claims RBS plans 900 IT job cuts to reduce costs

The Unite union has said Royal Bank of Scotland (RBS) is planning 900 technology job cuts at its London office by 2020 to reduce costs.

It alleged that RBS intends to cut 40% of its permanent IT staff, or 650 jobs, as well as 230 contractors.

The bank said no individual job was at risk and no figures had been finalised.

An RBS spokesperson said: "We have not consulted on any headcount reduction, instead sharing a direction of travel with Unite which is subject to change."

Rob MacGregor, Unite national officer, said: "Royal Bank of Scotland is continuing with its savage jobs culling program with today's announcement of a 40% in IT staff, totalling nearly 900 staff.
"The decade of slashing jobs has done nothing to boost morale, increase consumer confidence or improve the bank's performance."

RBS, which is 73% owned by the government, has been restructuring ever since it was bailed out in the financial crisis.

BBC    News.

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