Lloyds Bank cuts 640 IT roles in latest round of restructuring

clock
200 branches to be closed as Lloyds cuts 640 IT jobs
Image:

200 branches to be closed as Lloyds cuts 640 IT jobs

IT targeted as Lloyds Banking Group cuts 9,000 jobs

Lloyds Banking Group is to cut 640 jobs in IT as part of its latest round of restructuring that will see 9,000 jobs cut in total and 200 branches closed. The job losses are the culmination of a "strategy...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Hacking

Panasonic confirms data breach, says hackers accessed the company's internal network

Panasonic confirms data breach, says hackers accessed the company's internal network

The breach reportedly started on 22 June and ended on 3 November

clock 30 November 2021 • 2 min read
IKEAs email system under attack, report

IKEA's email system under attack, report

Reply-chain attacks allow hackers to send malicious emails from genuine accounts

John Leonard
clock 29 November 2021 • 2 min read
Apple sues NSO Group for targeting its users with spyware

Apple sues NSO Group for targeting its users with spyware

Seeks to bar the Israeli firm from using its products

clock 24 November 2021 • 3 min read