Royal Bank of Scotland is to cut 443 jobs in Britain as the bank moves its team that arranges loans for small businesses to India.
The taxpayer-controlled bank said that the roles would transfer to Mumbai, to be included in the groups growing team there, as part of a restructuring designed to cut costs, first reported in the Mail on Sunday.
An RBS spokesperson said: As we become a simpler, smaller, bank, we are making some changes to the way we serve our customers. Unfortunately, these changes will result in the net reduction of 443 roles in the UK. We realise this will be difficult news for staff and we will do everything we can to support those affected, including redeployment into new roles where possible. All roles which require …
Read the full article at: https://www.theguardian.com/business/2017/jun/25/rbs-to-cut-hundreds-of-uk-jobs-in-move-to-india