TSB

Type
Business expansion
Country
United Kingdom
Region
Scotland; East Central Scotland; City of Edinburgh
Location of affected unit(s)
Edinburgh
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.1 - Computer programming activities
62.10 - Computer programming activities
100 jobs
Number of planned job creations
Job creation
Announcement Date
15 January 2020
Employment effect (start)
1 April 2020
Foreseen end date

Description

TSB, Scotland based high street bank, has announced that it will open a new IT centre in its headquarters in Edinburgh in April 2020, creating 100 technology jobs. The newly created jobs include IT specialist, data engineer and data analyst roles.

The new centre is part of a three-year strategic plan, which was adopted after the introduction of a new computer system that caused serious disruption to TSB’s online services in 2018.

While TSB is investing in its new IT centre, the internal restructuring, which involves the closure of over 80 branches in Scotland and England, is also continuing.

Sources

Citation

Eurofound (2020), TSB, Business expansion in United Kingdom, factsheet number 99717, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99717.