Building society to cut head office jobs

Staff at Bradford-headquartered Yorkshire Building Society are facing redundancy as the mutual rolls out efficiencies.

It is understood that around 100 jobs could be cut at the firm’s head office, which is based on Rooley Lane. YBS said its head office teams have come under review as it implements changes first announced in 2016.

A Yorkshire Building Society Group spokesperson said: “In 2016 we announced our intention to deliver better efficiency and improved value to our customers by focusing on our core mortgages and savings business and making Yorkshire Building Society our only high street brand.

“This has resulted in a review of our head office teams to determine the impact these changes will have on the number of roles and type of work required from our support functions. Whilst we’ve worked extremely hard to retain our colleagues and minimise job losses, naturally there has been an impact.

“We are unable to confirm how many roles will be made redundant, as although a number of people may be impacted by these changes, the actual number who will leave the organisation as a result of redundancy will be lower.

“We are committed to making any changes with thought and respect for our people. Where roles are affected we are doing everything we can to support colleagues in finding an alternative role either within the Group or elsewhere.

“We have appointed a team focused on linking skills and experience with roles across the Group as well as providing internal and external training to help with skills development, writing CVs and covering letters, interview simulations and time off work to attend interviews.

“We regularly review all areas of the business to ensure we continue to deliver greater efficiency and long term value for our 3.1m customers whilst retaining a good level of customer service across the Group.”