TSB to close 36 bank branches and cut 250 jobs
The job cuts will be in the fraud operations department of the bank, central operations and staff who work at the branches earmarked for closure.
The latest round of branch closures will start in September, and continue through to May next year.
Advertisement
Hide AdAdvertisement
Hide AdTrade union Unite said it will be holding fresh negotiations with TSB about ways to further reduce job losses.
A spokesman for TSB said: “The decision to close a branch is never taken lightly, but our customers are now doing most of their banking digitally and we need to move to a better balance of digital and face-to-face services.
“We remain committed to a national branch network and through innovation and integration with video, telephone, digital, branch and other face-to-face services TSB customers have more ways to bank with us than ever before.”
Comment Guidelines
National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.