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News Update: Lloyds Banking cuts 1,850 jobs, Daily Mail reports

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Lloyds Banking (LYG) has reportedly cut another 1,850 jobs, the Daily Mail reports. This brings total job cuts to 17,700 since buying Halifax Bank last year. Lloyds says the net reduction in roles was actually closer to 650, “due to a variety of mitigating actions.”

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Date: May 17, 2020

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