The latest round of branch closures will start in September, and continue through to May next year.
The job cuts will be in the fraud operations department of the bank, central operations and staff who work at the branches earmarked for closure.Trade union Unite said the decision by the UK high street lender was a “grave mistake”.
“Through extensive negotiations Unite has been able to substantially reduce the number of jobs at risk. Unite said it will be holding fresh negotiations with TSB about ways to further reduce job losses and to support members affected by the changes.About 96% of all the bank’s transactions take place outside of a branch, with the number of in-store transactions falling by 43% over the past four years.
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