News Column

RBS 'Addicted' to Offshoring Jobs, as Another 58 in UK Set to Go

August 5, 2014

LONDON, Aug. 5 -- Unite issued the following news release:

RBS is still addicted to offshoring UK banking jobs, according to Unite, the country's largest union, following today's (Tuesday 5 August) announcement that 58 customer service jobs are earmarked to go abroad.

Unite condemned the latest restructuring exercise which will adversely hit staff working in wealth payments in London and lending operations in Manchester.

Unite national officer for finance Rob MacGregor said: "In a nutshell, the bank's plan, which Unite opposes, is to offshore the non-client-facing work done at Aldgate Union.

"The effect is to displace 30 roles, placing 58 individuals at risk of redundancy - RBS seems addicted to offshoring jobs."

Since the bank was bailed out by the taxpayer in 2008 over 30,000 jobs have gone across the group in the UK - and Unite has waged a relentless campaign to stop the unceasing drift of jobs abroad and for a 'no compulsory' redundancies policy.

Rob MacGregor said: "We can see no coherent business case to offshore these jobs. In this area of banking, there is a wealth of specialist experience that can't be easily replicated by offshoring jobs - it is a short-sighted policy."

Last week, Unite was critical of the decision by the bank to axe 156 jobs at RBS International and said that the bank, which needed a massive injection of taxpayers' money to survive the banking crisis, had 'a moral duty' to maintain levels of employment.

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Source: Targeted News Service

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