Lloyds to axe 5,000 jobs
LLOYDS Banking Group is to axe thousands of jobs next year in a fresh wave of cuts under plans to reduce costs, sources said today.
Up to 5,000 positions are expected to be cut in the UK in 2010, on top of thousands already slashed this year.
The bank is expected to make an announcement confirming the job losses later today.
Several thousand jobs have been cut this year, leaving Lloyds with around 130,000 employees.
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