Hundreds More Jobs To Go In TSB Scramble To Cut Costs

We will be accused of scaremongering again but let’s be clear the 124 job losses announced yesterday, which we were the first to publish, are just the beginning and there will be hundreds of jobs lost before Debbie considers her work done. TSB is being managed ready...

Debbie Takes A Knife To The Branch Network

In devastating news, TSB has confirmed today that Area Directors, staff working in ADO and BDO offices, Branch Managers and Cluster Managers across the distribution business are all at risk of redundancy. Having saved TSB from IT meltdown last year, loyal, hardworking...

TSB’s – “The Big Short”

“The Big Short” is a film about the 2007 US housing market crisis which according to the US Federal Reserve cost the global economy about $10 trillion. In the UK it’s estimated that the Government spent £123.93 billion propping up the economy. It resulted in millions...

Closing ex C&G Branches By Stealth

TSB managed to make a small profit in Q1 2019 but Sabadell has made it clear to Debbie Crosbie, the new Chief Executive Officer, that she needs to cut costs quickly and it looks like the ex C&G branches are going to take the brunt of this race to the bottom. A...

Closing Branches In Scotland By Stealth

TSB managed to make a small profit in Q1 2019 but Sabadell has made it clear to Debbie Crosbie, the new Chief Executive Officer, that she needs to cut costs quickly and it looks like Scotland is going to take the brunt of this race to the bottom. A year-on-year...

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