Lloyds Is Auditing Thousands of IT Staffers’ Technical Skills – Stefan Buchholz DOT com

Lloyds Banking Group is assessing the skills of thousands of technology staffers in the UK to determine whether they can keep working at the bank once it upgrades its technology [alternative source]. The British lender, which is carrying out a multiyear overhaul of its systems, put these workers on notice this month that they are at risk of losing their jobs and will be required to reapply for new positions across the bank, according to people familiar with the matter. In a company town hall last week, executives informed those staffers that they were in the process of assessing their technical skills based on a test they took last year to determine where, if anywhere, they can be placed within Lloyds, the people said, asking not to be named discussing non-public information.

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