TSB Announces Closure of Bank Branches and Job Cuts in Shift Towards Digital Services
Wednesday, 8 May 2024, 11:09
TSB Announces Bank Branch Closures and Job Reductions
TSB has recently disclosed its intention to close 36 bank branches and implement a workforce reduction affecting 250 jobs.
Union Criticizes the Decision
The union has strongly criticized TSB's move, considering it a grave mistake that would impact both employees and customers.
Embracing Digital Transformation
This decision reflects TSB's commitment to modernize its services by focusing on digital banking platforms, emphasizing the increasing shift away from traditional branch-based banking.
- 36 bank branches to be closed down
- 250 job cuts planned by TSB
- Union condemns the decision as a grave mistake
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