Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news

Breaking-Finance.Com - The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates.

Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news

Breaking-Finance.Com - The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates.

Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news
25 August 2020 - 11:30

Breaking-Finance.Com - The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates. Aside from the specific branches affected, the reduction is expected to focus on middle management positions and head office roles.

.“At the same time, we are responding to the continuing shift of more and more customers choosing to bank online, with lower levels of transactions in branches, a trend which has been increasing for some time, across the banking sector and more broadly."

Source = Breaking-Finance.Com

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Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news


Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news


Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news


Finance Breaking news Co-op Bank to slash 350 jobs, close branches last financial news

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