Home   Kent Business   County news   Article

Lloyds site in Gillingham Business Park to close

By KentOnline reporter

Lloyds is poised to close a huge commercial banking site in the county as part of plans for a corporate overhaul to focus the company on online services, putting hundreds of jobs at risk.

Its operation in Gillingham Business Park would be axed if it pushes ahead with plans to cut more than 6,000 back-office roles, although it would create more than 8,000 new jobs as part of a digital transformation.

The closure would affect hundreds of workers and has been described as "bitter pill" for loyal staff according to unions.

Lloyds Banking Group will create 2,000 jobs as part of the overhaul
Lloyds Banking Group will create 2,000 jobs as part of the overhaul

Lloyds, which was released from government ownership last year after a bailout following the 2008 financial crash, has closed 500 branches and axed 50,000 jobs in recent years.

Its most recently announced cutback plans include closing branches in Hythe, Rochester and Wingham, near Canterbury.

It made third quarter pre-tax profits of £1.8 billion.

Unite national officer Rob MacGregor said: “This latest announcement will undoubtedly hit the morale of staff who have had to endure round after round of job cuts, branch closures and constant upheaval.

“The news of additional jobs will prove to be a bitter pill for workers at Lloyd’s Gillingham site closure.

"These hard working staff face limited opportunities for redeployment, while other workers around the country could effectively be forced out of a job because they are unable to travel or move to where the new roles are located.

“Unite will be pressing Lloyds to guarantee no compulsory redundancies and ensuring that staff who move into new roles are given the support and skills that enable them to continue delivering the best possible customer service.”

Join the debate...
Comments |

Don't have an account? Please Register first!

The KM Group does not moderate comments. Please click here for our house rules.

People who post abusive comments about other users or those featured in articles will be banned.

Thank you. Your comment has been received and will appear on the site shortly.

 

Terms of Comments
We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules. If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here, email multimediadesk@thekmgroup.co.uk or call 01634 227989.

Follow us

Like Us on Facebook

Most popular

Kent Travel News

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More