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A comic article by the FT pointing out that it was tempting to hear echoes of Ricky Gervais’ sitcom office manager in Lloyds Banking Group’s latest jobs announcement. This week it said the bad news was that 6,240 back-office staff would not so much lose their jobs as be subject to “gross role reductions”.
If c75 per cent of the 8,240 new roles are to be filled by “existing colleagues”, that suggests 6,180 “leading-edge digital banking” jobs can be done by those 6,240 “refreshed” back-office staff. So only 60 people miss out on a new digital career. Can that be right? Er, no, said Lloyds. What it meant (but did not say) was that c75 per cent of the 6,240 people whose back-office roles were going, ie 4,680, may take the new digital roles. But is even that number realistic? Can three-quarters of the people who have spent years in back-office support jobs really go to some training sessions and come out as banking app coders?
https://www.ft.com/content/3bec2258-e1c8-11e8-8e70-5e22a430c1ad
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