Lloyds cuts 940 more jobs, total to 38,000 after HBOS rescue, Guardian says

theflyonthewall.com

Lloyds Banking (LYG) will cut an additional 940 jobs in operations groups, such as insurance, retail, wealth, international, and commercial, reports the Guardian. The highest concentration of cuts will be in Scotland, where 230 jobs will be cut, the paper adds.

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