Lloyds cut 940 jobs

[BA to the Stars]

Just got emailed about a role paying £530/day for a SQL/C# dev in London.....

As always, these cuts don't affect everybody. From what I can see, their dependence is increasing on IT. As long as you have skills, you should be ok in the current market.

I know that you have only got a mail, but if you had the choice, would you swap Radbroke for London though - extra costs and all.

[NorthWestPerm2Contr]

Just got emailed about a role paying £530/day for a SQL/C# dev in London.....

As always, these cuts don't affect everybody. From what I can see, their dependence is increasing on IT. As long as you have skills, you should be ok in the current market.

[BA to the Stars]

Well bugger my timbers - got a call from an agent about a contract at Barcap, I have the job spec here and the rate is good too

Go for it

[Notascooby]

Well bugger my timbers - got a call from an agent about a contract at Barcap, I have the job spec here and the rate is good too

Get in!

[MyUserName]

Well bugger my timbers - got a call from an agent about a contract at Barcap, I have the job spec here and the rate is good too

[Notascooby]

"Lloyds Banking Group is cutting 940 jobs across the company including 300 job losses from its retail and wealth and international divisions."

Are the wealthy also getting poorer?

Consolidation and centralisation programme into one area.

We're now at about 1/4 of the combined LTSB / HBOS IT staff being cut since the merger. More offshoring/ outsourcing too.

[BA to the Stars]

Bad news for those affected. If some are branch / sales based staff they may struggle to get similar posts, so MUN, no need to panic unless they are project based staff.

[MyUserName]

Not a pleasant situation, my contract ends at the end of Feb - I could do without all that extra competition

[BlasterBates]

...and

Barclays Wields Jobs Axe At UK Investment Bank - Yahoo! Finance UK

[Mich the Tester]

"Lloyds Banking Group is cutting 940 jobs across the company including 300 job losses from its retail and wealth and international divisions."

Are the wealthy also getting poorer?

If they bank at Lloyds they probably are, yes.

[AtW]

"Lloyds Banking Group is cutting 940 jobs across the company including 300 job losses from its retail and wealth and international divisions."

Are the wealthy also getting poorer?

[DimPrawn]

Tonnes of work out there.

UK unemployment falls again as record numbers in work - Telegraph

Plenty of low paid shelf stacker jobs that these financial types might aspire to.

[AtW]

It's never good to hear that people have lost their jobs but I imagine that this will be particularly painful just off the back of Christmas.

It's much better than if it was right BEFORE Christmas ...

[Martin@AS Financial]

It's never good to hear that people have lost their jobs but I imagine that this will be particularly painful just off the back of Christmas.



Lloyds cuts 940 jobs | News | Mortgage Strategy