THERE’S more uncertainty for financial services staff in Chester.
Lloyds Banking Group, which now owns Bank of Scotland, has announced organisational changes within its asset finance division and human resources function.
As a result of these changes, there will be a reduction of 218 roles across the group by the end of 2010 which could affect staff in Chester although no final decisions have been taken.
The company is axing 186 roles, primarily within its Lex Autolease business which has a base in Chester at Charterhall House, off Hoole Lane, in Chester, that is to close
The figure includes 25 role reductions, by early 2010 and a further reduction of 150 roles by the end of 2010.
Separately, the Group has briefed colleagues on plans to implement its new operational HR structure. This change will impact approximately 32 colleagues across the Group.
A spokesman said: “Lloyds Banking Group is committed to working through these changes with colleagues carefully and sensitively and a range of measures has been put in place to support colleagues through this uncertain time.
“All impacted colleagues across the affected areas of the business have been briefed by their line manager. The Unions Unite, GMB, LTU and Accord were consulted before this announcement and will continue to be consulted throughout this process.
“Our preference is to redeploy people and retain their expertise and knowledge within the Group. Where it is necessary for colleagues to leave we will achieve this through voluntary severance wherever possible. We will do all we can to minimise any compulsory redundancies.”