LBG Job cuts announced

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MrMarkyMark replied

21 April 2016, 10:16
WGAF, cr@p rates, poor culture and lots of off shoring?
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uk contractor replied

21 April 2016, 10:12
Originally posted by SimonMac View Post

I doubt it as LBG are pretty much Retail only theses days

Apart from the 5000 staff @ Gresham St you mean!
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SimonMac replied

21 April 2016, 09:18
Originally posted by uk contractor View Post

Not clear if its investment banking but it explains why they are not hiring many contractors recently!
Lloyds To Axe Hundreds Of Jobs In Latest Cull

I doubt it as LBG are pretty much Retail only theses days
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BrilloPad replied

21 April 2016, 07:49
Originally posted by northernladuk View Post

Does it? They cut headcount and get contractors in when they don't have the headcount to deliver? Cutting jobs and cutting contract roles don't always go hand in hand.

Also cutting front line staff in branches etc is unlikely to have an impact on cost saving projects etc.

Very true. My current gig was contract as they were cost cutting with no permie headcount. And the job was expected to be outsourced at some point. Which it has now been.....
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BrilloPad replied

21 April 2016, 07:46
Plenty of money for their recent advert featuring a horse interrupting a baby delivery in hospital. I hope they did a thorough sterilisation afterwards.

I suppose it is not as bad as the nationwide nonsense. Is their number one priority returning lost property?
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northernladuk replied

21 April 2016, 07:45
Does it? They cut headcount and get contractors in when they don't have the headcount to deliver? Cutting jobs and cutting contract roles don't always go hand in hand.

Also cutting front line staff in branches etc is unlikely to have an impact on cost saving projects etc.
Leave a comment:
uk contractor started a topic LBG Job cuts announced

21 April 2016, 07:42
LBG Job cuts announced

Not clear if its investment banking but it explains why they are not hiring many contractors recently!
Lloyds To Axe Hundreds Of Jobs In Latest Cull
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