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Up to 900 job cuts expected as TSB set to wield axe at 124 branches

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[/arm_restrict_content]UP to 900 jobs could go at the High Street branches of the TSB bank.

The company previously announced job cuts but say that those plans have now been accelerated due to the Covid-19 pandemic.

It is understood that the way in which people are now switching to online banking has been a major contributory factor to the decision by the Spanish-owned bank.

This latest announcement follows a similar announcement by the Co-op bank in August, who said that they were going to cut at least 350 jobs at their branches.

orangeacid / CC BY (https://creativecommons.org/licenses/by/2.0)


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