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Sunday, June 25, 2017

RBS to cut hundreds of UK jobs in move to India | Business | The Guardian

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theguardian.com
– Sarah Butler
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Bank’s transfer of loans team to Mumbai brings loss of 443 jobs in Britain and condemnation by Unite over ‘cheap’ labour 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 group’s growing team there, as part of a restructuring designed to cut costs, first reported in the Mail on Sunday. Continue reading…
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