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✓ Published: 13-Mar-2024
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High street lender Metro Bank has confirmed around 1,000 jobs will go by mid-April under ongoing plans to slash costs and revealed aims for further savings over the year ahead. The troubled group said previously announced plans to annual cut costs by £50m was seeing it shed around 22 per cent of its 4,266-strong workforce – higher than the originally expected 20 per cent.
High street lender Metro Bank has confirmed around 1,000 jobs will go by mid-April under ongoing plans to slash costs and revealed aims for further savings over the year ahead. The troubled group said previously announced plans to annual cut costs by £50m was seeing it shed around 22 per cent of its 4,266-strong workforce – higher than the originally expected 20 per cent.
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