Bank of Scotland Cut Down Around 3000 Jobs ..

This is really another shocking news for the people who are working in Royal bank of scotland around the world.
Becuase fews days back – RBS spokeswoman Linda Harper said the bank was not confirming the cuts. “We constantly review our operating model to make sure that it is appropriate to the market conditions and take action accordingly,” she said in a statement. RBS employs 170,000 staff globally, including 104,000 in Britain.

But Dute to Finanacial Crisis world wide will cut 3000 jobs around the world.

In October, RBS announced it may have to sell as much as 60% of the bank to the British government in exchange for up to $31 billion — unless ordinary shareholders are willing to invest more in the company — to weather the credit crunch

No Doubt In This Banking sector is among the hardest Hit and job losses sector upcmoning several weeks due to huge crisis in finanace sector.

Now Its a wait and watch conditions for those who are working for the RBS every corner of the world.

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