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Press Release

Unite reaction to RBS job loss announcement

12 January 2012

David Fleming, Unite National Officer said: "For The Royal Bank of Scotland (RBS) to cut 3,500 jobs globally is staggering for the workforce who have already experienced 22,000 jobs cuts in the U.K since the start of the financial crisis in 2008. Enough is enough. It is a disgrace that while on a daily basis stories are emerging about the massive bonuses at the top of the bank, increasing numbers of jobs are being cut from amongst the hard working staff.

"RBS staff have faced endless speculation and uncertainty about their futures. It is time for The Royal Bank of Scotland Group to come clean about all its restructuring plans and be honest with the staff.

"Unite has major concerns about the implications of today's announcement. It is vital that RBS extends Unite’s collective bargaining agreement to all parts of the Group to ensure that employees are fairly represented across the business."




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