Alliance & Leicester job cuts will not affect HR department

Alliance & Leicester has confirmed that its jobs cull of 300 staff from its mortgage division and the back office area would not affect its HR department.

The mortgage lender, which currently employs 8,000 staff, has given people wishing to apply for voluntary redundancy until the end of March to do so. The jobs will be cut from May.

In October last year, Alliance & Leicester’s former HR director, Fiona Rodford, moved to airport operator BAA, leaving group secretary, Simon Lloyd, to take up the additional title of group HR director at the firm.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Name

This field is for validation purposes and should be left unchanged.

Δ

In February, Alliance & Leicester reported a 41% drop in full-year profits, and withdrew earnings expectations for 2008 and the following year.

A spokesperson said: “The voluntary redundancy scheme will not affect anyone in the HR department. The timescale is that people wishing to put in an application need to do so by the end of March, with the successful applicants being announced in May.”