The above story broke yesterday. The fresh job losses seem to be affecting the banking side of RBS. But I haven't seen any reporting on cuts affecting RBS Insurance (where I work), which were announced last Thursday. So important was the news that the entire company effectively shut down for around 30 minutes while the closures were communicated to us via local managers and hired-in flat-screen TVs.
It was actually pretty worrying; we'd already picked up on rumours that there would need to be some closures, but didn't know where. And given that there are three offices in Leeds, it seemed reasonable to suppose that one or more might go. RBS Insurance will be sold at some point in the next three or four years, and the company are looking to trim some fat and make the division more attractive and better value-for-money to potential suitors.
But it turns out that the plan is make the Leeds sites into something of a hub, and all three are to remain operating (two other smaller offices here are already in the process of being shut down). So my job is safe. The only effect will be a move from one office to another.
RBS Insurance has 30+ offices around the country, and the plan is to cut this number to thirteen. Closures include Croydon (once the HQ of Direct Line), two of the three Bristol sites (my old office is to remain), and the Cardiff office, where we have a Customer Relations Department - this means that some of my colleagues are being made redundant.
As I say, worrying times.