So what did you think was going to happen?

The job cuts at Royal Bank of Scotland are turning into a \”horror story\”, according to union Unite, as the total number of staff made redundant in the UK by the bank since its partial nationalisation topped 20,000.

If you\’re going to shrink the banks, if you\’re going to insist that the financial sector is too large and ne3eds to be curtailed, then what do you expect to happen when the banks shrink and the financial sector is curtailed?

Yup, right, bankers are going to get fired, aren\’t they?

1 thought on “So what did you think was going to happen?”

  1. RBS Credit Management is being closed in Telford where I live and used to work a few years ago (before the Scots invaded NatWest) and another site. I think about 600 people are losing their jobs. Meanwhile, RBS is creating jobs in Scotland and of course Alistair Darling and Gordon Brown both personally intervened to protect jobs in Scotland when RBS was being part-nationalised.

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