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Lloyds Cuts 300 More Jobs

Lloyds Banking Group will reduce its headcount by another 300.

    Lloyds Banking Groupwill reduce its headcount by another 300,The Wall Street Journalreports. The job cuts will be made within the retail, wholesale, wealth and international and group operations divisions, addsThe Guardian.

    The bank is also planning to relocate 700 people working at its call center in Bridgend, which will be closed down by March 2012. Lloyds has axed about 27,500 jobs since its takeover ofHBOSin 2008.

    Click here for the story fromThe Wall Street Journal.

    Click here for the additional coverage fromThe Guardian.

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