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5 March 2012
David Fleming, Unite national officer said: “It is outrageous that RBS is today cutting 300 staff and 200 jobs are being shipped to India. These highly skilled workers in the finance function of the bank can earn as little as £22,500 per year, yet the group is choosing to make short term cost savings by cutting hundreds of staff.
“Instead of sending financial services work from the UK to a low wage economy, RBS should be ensuring their workforce is able to get on with the work they do so well. Why is RBS awarding the investment bankers massive bonuses yet sacking thousands of workers?
“Unite is currently involved in a major dispute with RBS over their failure to offer their staff a reasonable pay rise. There appears to be a deep hypocrisy in this organisation where the city bankers continue to be patted on the back, while staff are being sacked and getting no recognition for their contribution.”
The impact of this decision will mainly be felt in Edinburgh at the RBS head office in Gogarburn and in London with smaller impacts at a few other UK locations.
Information on the campaign can be found at: www.unitetheunion.org/rbs