Oct 27, 2026 | All Members, Redundancies
Lloyds has opened voluntary severance registers in several Divisions with staff given until 28th October to declare an interest with a leaving date of Q1 2027. Last week Barclays announced it was cutting 5,000 jobs as part of wider cost saving plans driven by AI....
May 6, 2025 | All Members, Redundancies
Another day, another redundancy announcement. Lloyds has announced that it’s making 500 redundancies in the following areas: Customer Relationships (Fraud & Disputes, Resolutions and Customer Financial Assistance) Group Chief Operating Office Chief Technology...
Mar 7, 2025 | All Members, Redundancies
In a recent interview with ‘The Stack’, Mr Ron van Kemenade, Group Chief Operating Officer, Lloyds Banking Group (LBG), said: “Arguably Lloyds biggest issue when he joined was a lack of in-house technology talent: “Most engineering work had been outsourced,” he...
Feb 13, 2025 | All Members, Redundancies
Another day, another round of redundancies in Lloyds Banking Group! 142 staff in Risk, 36 in Business and Commercial Banking, 135 in Consumer Growth and more in Transport are at risk of being made redundant over the next few months. In respect of mortgages, falling...
Feb 6, 2025 | All Members, Redundancies
Lloyds has announced that over 300 staff are at risk of redundancy following the announcement of major changes to its businesses under Platform 3.0. Last October we said that Lloyds was up to no good when it introduced mandatory testing for the Engineering,...
Jan 16, 2025 | All Members, Redundancies
We are barely into the New Year and Lloyds has announced 682 redundancies with over 2,198 members of staff having to go through the stress of applying for their jobs again. Some of those members will have gone through selection exercises every year for as long as they...
