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Lloyds to Cut 1,340 Jobs as Part of a Longstanding Overhaul

The British bank, which first announced a restructuring two years ago and expanded it after the ‘Brexit’ vote, hopes to achieve the cuts via attrition.
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State-owned lender Lloyds Bank cut 1,340 jobs on Tuesday, as part of a restructuring plan that will see as many as 12,000 staff leave the bank in total. The jobs will go from the operations, retail, customer products and marketing, ...

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