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The Independent UK
The Independent UK
Business
Karl Matchett

Thousands of Lloyds Banking Group staff at risk of losing jobs in push for ‘high-performance culture’

The Lloyds group employed around 61,000 people at the end of 2024 - (Getty)

Lloyds Banking Group is set to put thousands of its “lowest-performing” staff at risk of losing their jobs as it continues to pursue an overhauled strategy to embed a “high-performance culture”.

The group, which covers Lloyds Bank, the Halifax Building Society and Bank of Scotland, plans to change how it monitors the performance of its employees and manages staff turnover.

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