News: RBS cuts 3,500 UK jobs but Rotherham site to be retained
Royal Bank of Scotland are to axe a further 3,500 staff in the UK with 2,500 losses in Business Services Operations and Technology Services facing 1,000 losses.
The losses will be driven by the closure or withdrawal from 12 UK centres with a further three centres under review, but the centre in Manvers, Rotherham is set to be retained.
One third of all the losses, around 1,500 roles, are attributable to the divestment to Santander of the 318 branches as ordered by the European Commission.
RBS has announced plans to offshore upwards of 500 roles to its existing non-customer facing technology operations in US, India and the Far East.
Over the next two years, RBS intends to close 12 of its business operations centres. The axe will fall in Leeds, Bolton (Ashton House), Enfield, Harrogate, Bristol, Borehamwood, Liverpool, Milton Keynes, Plymouth, Telford, Bradford and Norwich. It will retain its centres in Birmingham, Chatham, Edinburgh, Greenock, London, Manchester, Rotherham, Southend, Menai and at a second site in Bolton.
The RBS group moved their Lombard business across Rotherham in 2007 to the state-of-the-art Cyan building at Adwick Park, relocating around 600 staff.
An RBS spokesman said: "Having to cut jobs is the most difficult part of our work to rebuild RBS and repay taxpayers for their support. We continue to make efficiencies across our business and adjust our plans in line with the divestments we have been required to make by the EU.
"We will do all we can to support our staff, offer redeployment opportunities wherever possible and keep compulsory redundancies to an absolute minimum."
Rob MacGregor, Unite national officer, said: "The news that the Royal Bank of Scotland is to cut another 3,500 staff from across the UK is a horror story."
The losses will be driven by the closure or withdrawal from 12 UK centres with a further three centres under review, but the centre in Manvers, Rotherham is set to be retained.
One third of all the losses, around 1,500 roles, are attributable to the divestment to Santander of the 318 branches as ordered by the European Commission.
RBS has announced plans to offshore upwards of 500 roles to its existing non-customer facing technology operations in US, India and the Far East.
Over the next two years, RBS intends to close 12 of its business operations centres. The axe will fall in Leeds, Bolton (Ashton House), Enfield, Harrogate, Bristol, Borehamwood, Liverpool, Milton Keynes, Plymouth, Telford, Bradford and Norwich. It will retain its centres in Birmingham, Chatham, Edinburgh, Greenock, London, Manchester, Rotherham, Southend, Menai and at a second site in Bolton.
The RBS group moved their Lombard business across Rotherham in 2007 to the state-of-the-art Cyan building at Adwick Park, relocating around 600 staff.
An RBS spokesman said: "Having to cut jobs is the most difficult part of our work to rebuild RBS and repay taxpayers for their support. We continue to make efficiencies across our business and adjust our plans in line with the divestments we have been required to make by the EU.
"We will do all we can to support our staff, offer redeployment opportunities wherever possible and keep compulsory redundancies to an absolute minimum."
Rob MacGregor, Unite national officer, said: "The news that the Royal Bank of Scotland is to cut another 3,500 staff from across the UK is a horror story."
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