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Royal Bank of Scotland to axe more jobs

Posted 03 Sep 2010

The Royal Bank of Scotland (RBS) announced on September 2nd that it will be axing a further 3,500 jobs.

This means that 20,600 people have been made redundant by the bank, which recently announced a £1.6 billion profit.

If people have been affected by these cuts and are unsure about what to do, a TEFL course could be an option.

These courses can cost as little as £150 and help someone change their career as they will learn how to teach English abroad.

RBS will be axing jobs from its business division, which incorporates IT and payment operations, and will shut 12 of its business services centres in places such as Borehamwood and Leeds.

The bank announced in a statement yesterday: "Having to cut jobs is the most difficult part of our work to rebuild RBS and repay taxpayers for their support."

Furthermore, those facing redundancy will be offered a redeployment opportunity wherever possible and compulsory redundancies will be kept to a minimum.
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Category: Teaching and Learning

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