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Posted by
Two Blokes May 19, 2025 -
Filed in
Stock
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Santander UK is freezing salaries, reducing bonuses and cutting roles across its commercial banking division as part of a broader restructuring aimed at streamlining operations and cutting costs. The overhaul could affect as many as 200 staff and includes changes to job titles and team structures, with some employees reassigned to roles with pay bands up to 25% lower.
