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Industry News Articles

RBS to cut 1,400 UK Jobs

16 May March 2013

Royal Bank of Scotland (RBS) will cut a further 1,400 jobs by 2015 from its retail banking head office.

Most are expected to be from its Edinburgh offices and the bank said that no customer-facing staff would be affected. Affected roles include marketing, communications and other support functions.

RBS has already announced more than 35,000 job cuts since it was bailed out following the financial crisis.

The government still owns more than 80% of the bank.

Ross McEwan, Chief Executive of RBS's UK retail operations, said: "To serve our customers well, we have to ensure that our resources are focused on the things that matter most to them.

"Regrettably, we can only do that by restructuring the way we work in head office, so that every effort is concentrated on supporting our customers and the frontline staff that serve them.

"This is clearly difficult news for our staff and we will do everything we can to support them, including seeking redeployment opportunities wherever possible to ensure compulsory redundancies are a last resort."

The Unite union described the cuts as "brutal".

Flexible Borer's FUSION Attendance Management System

If employees are asked to undertake different shifts or working patterns to the restructing of the company, then FUSION’s Time and Attendance System take this in their stride.

Our FUSION Time and Attendance systems deal with all clocking matters, from simple collection of employees' clocking data, through to job costing and extensive labour hours analysis. Many working patterns – flexi-time, night shifts and overtime are easily created with the software.

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Access Control Systems using Power over Ethernet (PoE) Technology from Borer