Professionals set to be affected by the latest round of redundancies from the Royal Bank of Scotland (RBS) will receive staunch support from Unite, the body has pledged.
Yesterday (June 19th), it emerged that the state-owned bank is planning to implement another 618 job cuts before the end of this year because of forthcoming changes to legislation in the UK's financial industry.
This tranche of cuts will take the total number of redundancies imposed by the financier in its attempts to restructure its business since its government bailout in 2008 to around 36,000.
In a statement, the company insisted the measure was necessary to improve efficiency and customer service, but David Fleming - national officer of Unite, a union with 1.5 million members - has labelled the decision "brutal".
"Those losing their jobs are a highly skilled workforce ... Unite will oppose all compulsory job losses and challenge the ongoing management of this area of RBS," he added.
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Posted by Trusha Vyas