Lloyds TSB Insurance to move jobs abroad
Lloyds TSB Insurance has told PM that it it intends to cut 107 jobs in the UK, and redeploy them to India. As part of the move, which will impact centres in Bournemouth and Newport, Lloyds TSB intends to create 43 new jobs in India.
A Lloyds TSB spokeswoman added that the bank had idenitified five areas for Indian pilots of which insurance was one. She added that it expected no compulsory redundancies, but for natural staffOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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