Platform sales team at risk of job losses

The sales and proposition team at Platform is facing job cuts as part of a wider business restructure at parent company The Co-operative Financial Services.

CFS announced last month it was moving Platform’s pre-completion mortgage processing to the CFS centre in Leek, Staffordshire, while Platforms customer care service would be moved to the CFS Stockport centre.

As part of these changes CFS made a separate announcement yesterday relating to Platform’s 26-strong sales and proposition team. Though all 26 roles are at risk, it is thought that redundancies from the team will be kept to single figures.

A spokesman for CFS says: “We expect the impact to be very minimal.

“For those who may be affected by the changes we will be seeking to maximise redeployment and retraining opportunities across the business.”

CFS merged with Britannia Building Society last August, which included the integration of Platform, Britannia’s broker arm.

The combined business has £70bn in assets, nine million customers and over 300 high street branches.