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Industry News Articles

Lloyds to cut a further 850 jobs

10 May 2013

Lloyds Banking Group have announced a further 850 job losses as well as plans to close a large office in Essex.

Over 600 of the cuts will be made when the office in Southend closes, the rest will be in the bank's commercial and insurance operations.

In a statement the bank said: "Lloyds Banking Group is committed to working through these changes with employees in a careful and sensitive way. All affected employees have been briefed by their line manager today. The group's recognised unions were consulted prior to this announcement and will continue to be consulted. In fact, during 2012, around only a third of role reductions led to people leaving the group through redundancy."

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