Metral
Markets

Nationwide to cut 600 jobs in first redundancies after takeover of Virgin Money

Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are mergedNationwide building society is axing 600 jobs in the first major round of cuts linked to its controversial takeover of the high street bank Virgin Money.The move affects both Nationwide and Virgin Money staff, whose roles are due to be duplicated once the lenders’ operations are fully merged. Continue reading...

Nationwide to cut 600 jobs in first redundancies after takeover of Virgin Money

Published June 29, 2026 · Category: Markets

Overview

Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are merged

Nationwide building society is axing 600 jobs in the first major round of cuts linked to its controversial takeover of the high street bank Virgin Money.

Details

The move affects both Nationwide and Virgin Money staff, whose roles are due to be duplicated once the lenders’ operations are fully merged.

Continue reading...

Source

Originally published at www.theguardian.com.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.