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Uncertainty as to where RBS job cuts will come from

There is an anxious wait for employees at the Island’s branch of Royal Bank of Scotland after the company announced a further 2000 job cuts.

The job losses will be made worldwide with some from the UK, however no more definitive details are as yet known. 

Bosses say the jobs will go in the next 18 months and will represent a 20% cut in its investment arm workforce.

The latest announcement means 41,000 jobs have been cut across the board. since 2008.



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