Post by Bob on Aug 9, 2011 15:17:33 GMT 1
Lloyds Banking Group has announced around 40 job losses for Wales, most of which will affect workers in Cardiff.
The restructure will affect the group's functions, retail, group operations and wealth & international divisions.
Lloyds TSB said all affected employees had been briefed and compulsory redundancies would be a last resort.
It could not say exactly how many jobs were at risk in Wales but said "around 40" could go.
The latest announcement marks a further 180 job losses from the figure revealed in June.
The restructure will affect the group's functions, retail, group operations and wealth & international divisions.
Lloyds TSB said all affected employees had been briefed and compulsory redundancies would be a last resort.
It could not say exactly how many jobs were at risk in Wales but said "around 40" could go.
The latest announcement marks a further 180 job losses from the figure revealed in June.