Last Updated, Jan 25, 2024, 3:46 PM
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Lloyds Banking Group to cut 1,600 jobs across its branch network
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Lloyds Banking Group has announced it is cutting 1,600 jobs across its branch network as it overhauls its services towards online banking.

The group said it will also be creating around 930 new roles as part of the strategy, meaning a net reduction of 769 jobs.


A spokesperson for the bank said: “As more customers choose to manage their day-to-day banking online, it’s important our people are available when it matters most.

“We’re introducing a number of new roles and making changes to our branch teams so our customers can see us how and when they want to.”

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