Lloyds TSB to move call centre jobs to India

Unions
have reacted angrily to the news that Lloyds TSB is to transfer 900 jobs to
India by the end of next year.

In
total, the bank plans to move 1,500 jobs to Bangalore, and it is thought that
this will affect call centres in Glasgow, Newcastle, Sunderland, Newport,
Bridgend and Swansea.

The
plans are continuing the finance sector trend of moving jobs overseas,
following announcements that HSBC and Barclays intend to transfer some roles
abroad.

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The
finance union UNIFI called the move "profit without conscience".

By Michael Millar