Royal Bank of Scotland (RBS) will cut 90 jobs across its offshore locations following a review of its offshore business.
It is yet to confirm which locations and roles will be hardest hit and is currently looking into plans and a time frame for the redundancies. RBS International currently has 584 workers. "We understand that any reduction in the number of jobs is regrettable and we will support our staff through this difficult time," says Ian Henderson, chief executive of RBS International. He says the company aims to do this through "natural staff turnover and voluntary redundancy". "In the light of more challenging market conditions, it is essential to create a structure that reflects changing custom...
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