Lloyds to Add 2,000 Jobs with Digitalization Push

8 de Noviembre, 2018

Tiempo estimado de lectura: 1 minuto

This reorganization, which will result in about 2,000 jobs being added to the company’s workforce, is part of a three-year plan the bank announced earlier this year that’s aimed at overhauling its infrastructure and optimizing its offerings for the digital age.

According to Sky News, the existing jobs being cut are likely to come from a number of areas, including its group transformation division, as well as its corporate banking and retail and community banking arms, while the new jobs will focus on areas of digital expansion. Back in February, the bank said it was prepared to make its “biggest ever investment in people,” increasing employee training time by 50% from current levels. This, coupled with the latest news, suggests Lloyds recognizes that technical overhauls aren’t enough to keep it competitive in a digital-first environment. Incumbents broadly would to well to take note, as Lloyds’ efforts suggest a shift in mindset that will be crucial to developing and retaining the talent necessary to effectively implement and benefit from new tech innovations.

Fuente: Business Insider

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