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C&G To Close Tachbrook Park - 300 Jobs To Be Exported To India
[16 Nov 2005]
C&G has announced that it is close its Mortgage Application Centre at Tachbrook Park, near Warwick.
LTU has given condemned outright C&G’s decision, particularly since only recently staff had been provided with assurances over the future of the site.
To rub salt into the wounds of staff, the closure isn’t the result of business efficiencies allowing mortgages to be processed by less staff. It is instead because the work of 300 staff is to be transferred to India. The remaining work is being transferred to Barnwood (Gloucester) and Scunthorpe.
In other words, C&G staff are to lose their jobs for no reason other than they can be replaced by workers in India paid a fraction of their salary. This is completely unacceptable.
The Tachbrook operation will close completely during the final months of 2006.
LTU has already begun campaigning to stop the closure through lobbying local MP's, the local Council and seeking the support of Lloyds TSB and C&G customers through asking them to sign a petition opposing the transfer of their financial arrangements to India.
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