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RBS announces mass closure of business property sites
Royal Bank of Scotland (RBS) has announced that it intends to close two of its commercial property sites in Croydon following a government bailout a few years ago.
In all, the facility is to reduce its workforce around the UK by 2,000 and, as part of this plan, some of its Direct Line and Churchill divisions are to be closed, with the sale of the insurance arm of the company to be completed by 2013.
National officer at trade union Unite Rob MacGregor noted that it is the staff who are continuing to pay for the bank's difficulties.
"Unite is calling on RBS to come clean with staff and clarify the impact of the restructuring and end the uncertainty," he went on.
Scottish workers as well as those in London appear to have been affected by the news as well, with some 440 jobs to go in Glasgow in the near future with the closure of the city's Direct Line business property.
Posted by Tom Baker
In all, the facility is to reduce its workforce around the UK by 2,000 and, as part of this plan, some of its Direct Line and Churchill divisions are to be closed, with the sale of the insurance arm of the company to be completed by 2013.
National officer at trade union Unite Rob MacGregor noted that it is the staff who are continuing to pay for the bank's difficulties.
"Unite is calling on RBS to come clean with staff and clarify the impact of the restructuring and end the uncertainty," he went on.
Scottish workers as well as those in London appear to have been affected by the news as well, with some 440 jobs to go in Glasgow in the near future with the closure of the city's Direct Line business property.
Posted by Tom Baker
Fri, 27th Aug 2010