Royal Bank of Scotland (RBS) is set to slash more than 200 jobs in an effort to cut costs and simplify operations.
The move will impact 92 full time employees and 154 contractor roles. Most of the affected jobs are technology-related and based in London.
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At the same time, the bank also plans to offshore 38 roles to India.
Commenting on the move, RBS said: “As RBS moves towards becoming a simpler, smaller UK focused bank, we’re continuing to restructure our back office support and reducing its size so it’s a better fit for our business,” the bank said.
“Unfortunately, these changes will result in the net reduction of 92 roles. We understand this will be difficult news for staff and we will be offering support to those affected, including redeploying people into other roles where we can.”
Unite national officer Rob MacGregor termed the redundancy programme as “unjustified”.
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By GlobalDataDenouncing the move, MacGregor said: “It is wholly inappropriate and unjustified for these technology roles to be sent offshore. Unite has called on RBS to halt the offshoring announcements and impose a moratorium on the offshoring of jobs.”
