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Lloyds plans to move 1,900 employees to IBM, says trade union

Lloyds plans to move 1,900 employees to IBM, says trade union

Monday, March 13, 2017, 9:04 PM

Lloyds Banking Group plans to move about 1,900 staff to IBM in a restructuring plan aimed at reducing costs but which could see the bank's security weakened, according to a trade union. Lloyds Trade Union said in a newsletter to staff that the transferred employees would be kept on for a year, but most would lose their jobs after four years.
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