Lloyds replace staff with robots

7 October 2014

Lloyds-Banking-Group-001 It's all rumness with Lloyds, as the bank is set to close down more branches and axe thousands of jobs in favour of computers.

The 25% state-owned bank is looking at sacking off employees in the mortgage processing and new account divisions as it goes full steam with its digitisation strategy.

It's all part of a plan, as ever, spread over three years of what employees will be left, will be upgraded and fully cybernised.

The company has only caused 30,000 job losses since the financial crisis. Bless.

This is all very well, but it's not much joy for bank customers stuck at in the back end of nowhere with no bank for a thousand miles or something. But them banks claim they are forced to close branches due falling numbers of customers visiting as more people use online banking.

NatWest, part of State-owned Royal Bank of Scotland, is also set to shut at least 27 branches across Britain over the next four months - of which 25 are the only ones left in that community.

We take another step close to Futurama.


TOPICS:   Banking

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