Isle Of Man / Ellan Vannin

Lloyds Bank announces 16 job losses in the Isle of Man

Lloyds Banking Group horse logo Image copyright Lloyds Banking Group

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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