Lloyds Bank announces 16 job losses in the Isle of Man

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Lloyds Banking Group has announced the loss of 16 jobs at its operations on the Isle of Man.

The reduction in staff is part of its 2011 Strategic Review - when the group announced it was cutting 15,000 jobs across the business.

The Isle of Man job losses would not disrupt customer service for residents, Lloyds said.

A spokesperson said: "Lloyds is committed to working through the changes carefully and sensitively."

In total, the group announced 1,080 job losses across the UK and Crown Dependencies with a further 310 staff being outsourced.

The Unite Union said it will oppose the job losses.

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