Royal Bank of Scotland | Cuts 215 U.K. Jobs

Bloomberg: Royal Bank of Scotland Group Plc, Britain’s largest government-controlled lender, said it was cutting 215 U.K. jobs and moving the posts overseas.

The cuts will fall on support staff at the bank’s finance division, mainly in Edinburgh and London, a spokesman said. The reductions are in addition to the 6,800 job losses announced since August. About 250 posts will be created overseas, the lender said.

“As we work to rebuild RBS we continue to streamline our business,” the Edinburgh-based bank said in an e-mailed statement. “The movement of roles between countries reflects the global nature of our business and the need to locate our people close to the customers they serve.”…

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via RBS Cuts 215 U.K. Support Staff Jobs, Moves Roles Overseas – Bloomberg.