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SOBS says Halifax takeover means &#39slash and burn&#39 redundancies

Save Our Building Societies is calling for job-protection guarantees for Birmingham Midshires&#39 employees ahead of the society&#39s proposed £750m merger with Halifax.


The pressure group is urging Birmingham Midshires members to push for a 10-year safeguard for jobs and branches. Halifax says it &#34intends to avoid compulsory redundancies&#34.


Sobs coordinator Bob Goodall says: &#34The Halifax will slash and burn. They have only promised no compulsory redundancies for three years.&#34


Members finished voting on Tuesday and an EGM is to be held this Friday.


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