ShortNews
+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums Chat | 0 Users Online   
   
                 04/21/2014 01:31 AM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
US Airways Apologizes for Accidental Pornographic Tweet
Amazon Pays Employees Who Are Not Happy With Their Job $5,000 If They Quit
more News
out of this Channel...
  888 Visits   1 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
01/12/2012 02:32 PM ID: 91372 Permalink   

RBS Confirms Plans to Slash 3,500 Jobs

 

In an attempt to shrink its investment banking unit, The Royal Bank of Scotland (RBS) says it will shed a further 3,500 jobs starting already this year.

This is not the first time the bank has announced a major job cut. In the last two years the bank has laid off 30,000 employees, 22,000 in the UK alone.

"It is a disgrace that while on a daily basis, stories are emerging about the massive bonuses at the top of the bank, increasing numbers of jobs are being cut from amongst the hard working staff," expert David Fleming of the Unite union says.

 
  Source: www.bbc.co.uk  
    WebReporter: coronado Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  What's Your Opinion?
  
 
 
Copyright ©2014 ShortNews GmbH & Co. KG, Contact: info@shortnews.com