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NatWest Achieves £420 Million in Cost Savings Amid Workforce Changes
NatWest has reduced its full-time staff by approximately 1,000 employees as part of an ongoing efficiency drive that yielded £420 million in cost savings. Despite these job cuts, the banking group's workforce grew overall following the addition of 2,200 employees from its acquisition of Evelyn Partners.
Referenced News Coverage (2 sources)
- NatWest efficiency drive results in job cuts and £420 million of cost savings (The Independent UK)
- NatWest efficiency drive results in job cuts and £420 million of cost savings (Evening Standard)