Search
 

RBS To Axe 300 Additional Jobs Worldwide

NEW YORK CITY-The bank—which has a Manhattan office 101 Park Ave.—has upped its amount of cuts from 3,500 positions to 3,800, a RBS spokesperson confirms to GlobeSt.com.

By Jacqueline Hlavenka | Updated on September 24, 2012

(Mark your calendars: RealShare NY comes to the Grand Hyatt on Oct. 9. Reserve your spot now!)

NEW YORK CITY-London-based Royal Bank of Scotland is upping its original amount of projected job reductions following further changes to its corporate restructuring program. An RBS spokesperson confirms to GlobeSt.com that the bank anticipates that the company will cut closer to 3,800 jobs across its markets and international banking business divisions by year’s end, about 300 more than it planned in January (3,500).

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.