More jobs to go at Chelsea
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Chelsea Building Society is set to lose a further 35 staff as part of its merger with the Yorkshire Building Society.
The losses will mainly come from its Cheltenham office.
The additional losses bring the number of staff in consultation to 100.
A spokesman for Yorkshire could not rule out further redundancies, she says: “We are still going through the integration process and its too early to say.”
In February the Yorkshire reported a pre-tax loss of £12.5m for 2009, as it allowed for losses on its mortgage book totalling £59m.
Chelsea reported a pre-tax loss of £27.1m for 2009, compared to a pre-tax loss of £39.3m in 2008
The merger between the two societies completed on April 1.
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