Royal Bank of Scotland to cut 880 IT jobs by 2020

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Royal Bank of Scotland to cut 880 IT jobs by 2020

Wants to reduce contractor numbers.

Britain's Royal Bank of Scotland plans to cut around 900 technology jobs at its London office by 2020 in its latest plan to reduce costs, the Unite union said, although the bank said no figures had been finalised. Taxpayer-backed RBS plans to cut 40 percent of permanent IT staff, or 650 jobs, ...

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