Lloyds Banking Group accused of 'death by a thousand cuts'

Lloyds Banking Group accused of 'death by a thousand cuts'

Lloyds Banking Group has faced criticism after announcing 1,340 job losses as part of a continuing strategy of job cuts, by Chief Executive António Horta-Osório - The Guardian reports. 

The bank is also creating 110 new roles, so it argues that the quantity of roles being lost is actually 1,230.

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