Eurotrack

Layoffs

Nationwide cuts 600 jobs after Virgin Money takeover

Location
Swindon · 🇬🇧 United Kingdom
Company
Nationwide Building Society
Sector
Banking
Affected staff
600

The first major wave of layoffs after the £2.9 bn takeover of Virgin Money: around 600 jobs, primarily in the back office. The roughly 700 branches, guaranteed to remain until 2030, are not affected.

Source: mortgagestrategy.co.uk ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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