Llyods Lays of 200 More

Lloyds Bank of London has just announced that it will lay off 200 more employees in the near future. This comes after the more than 7,300 previous layoffs this year.

Unions are calling the move "confused", but Lindsay Heasman writes the following:

Lloyds are under regulatory pressure to reduce branches. No way would they reverse the C&G decision without good reason. If they now have a potential buyer they can reduce exposer to mortgage debt as well as offloading branches. How is that confusing?