Barclays is to cut more than 1,200 jobs as part of a shake-up that will also see the Woolwich name disappear from the High Street.
The job cuts will come through the closure of three call centres in Bexleyheath in Kent, Clacton in Essex, and Dudley in the West Midlands.
Barclays, the UK’s third largest bank, said it hoped to avoid forced redundancies at the three call centres.
“With careful management of staff turnover and active steps to redeploy it is expected that the number of employees made redundant will be significantly lower than this,” the company said.
The Amicus union, which represents staff at Barclays, said it was confident that most job losses will be dealt with through natural wastage and redeployment.