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Date: 21st November 1989
Service: ORACLE
Region: N/A
Original Broadcast Channel: TVS
Current Page: 114
Note:If this page has sub-pages, they will all appear in a line!
P114 ORACLE 114 Tuj21 Nov ITV 1945:34 TSB CONFIRMS 3,000 JOBS CUTBACK The (SB Group has confirmed that it is to cut 3,000 jobs owjr the next year in @ £200m restructuring programmj. It said it planned to reduce the total numbjr of staff bz ¼ome 5,000 from thj eurrent levjl of 29,000 over fivj years (SB said it hoped to become the UK's leading financial tetailer ajter it had teorg!nised the branch network. The retail banking HQ will move to the West Midlands and mortgage processing to Scotland, it added. he cutb!ck of 3,000 jobs is expected to bring TSB annual savings of £65m. News headlines 101 Sport 130Worldwide Newsfile Sport TV Guide