16 jobs are to go at Lloyds Bank in the Isle of Man.
The bank says the decision – which is believed to affect internal and not frontline staff – has not been made lightly.
Reductions are part of an overall organisational change after Lloyds announced in 2011 it would shed 15,000 roles.
A spokesperson for the banking group says the changes have been carried out to put the bank on track for future growth – not to limit the geographic footprint.
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Covid wrongful arrest and torture claims thrown out by court
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Manx Utilities wants contractors for HQ refurb
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