Northern Rock announces up to 650 job losses

Nationalised British lender Northern Rock said today that it was planning to cut up to 650 jobs by the end of the year.

Northern Rock announces up to 650 job losses
Tue, 08 Jun, 2010 - 14:53

Nationalised British lender Northern Rock said today that it was planning to cut up to 650 jobs by the end of the year.

The firm has launched a consultation with trade union Unite over the latest cuts, which are aimed at reducing costs ahead of an eventual return to the private sector.

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