by Calculated Risk on 4/07/2009 10:53:00 AM
Tuesday, April 07, 2009
Report: RBS to cut 9,000 jobs
From MarketWatch: RBS to cut 9,000 back office jobs over two years
Royal Bank of Scotland said Tuesday that it will cut up to 9,000 back office and support jobs over the next two years ... The cuts represent 20% of the 45,000 staff employed in the bank's "group manufacturing" division, which includes back office operations, purchasing, IT and property management.The beat goes on ...