Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

RBS to cut 2300 jobs in UK

Posted: February 11th, 2009 | Author: dubaidude | Filed under: By Location, UK | No Comments »

The Royal Bank of Scotland (RBS) Group could cut up to 2,300 jobs in Britain or around two per cent of its local workforce of 106,000, the bank said in a statement on Tuesday.

The layoffs will not affect customer-facing staff, RBS added.

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