The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Administrative Services Office Administrative, Office Support And Other Business Support Activities Activities Of Call Centres 82.20 - Activities of call centres
150 jobs Number of planned job losses
Announcement Date
5 July 2019
Employment effect (start)
Foreseen end date
Description
Royal Bank of Scotland announced plans to cut 150 positions in the site of Greenock (Inverclyde), which currently employs around 1,000 people. The reductions are expected to come from the 450 employees who deal with the company's mortgage customer contact and operations department. According to the company, the job reduction derives from the impact of digital technologies on bank operations. The company expects to achieve the reductions by opening a voluntary redundancy scheme. There is no information yet on the foreseen end date of the restructuring event.
Eurofound (2019), Royal Bank of Scotland, Internal restructuring in United Kingdom, factsheet number 98237, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98237.
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