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Santander UK plans to close 95 branches due to rising digital banking use, affecting 750 jobs.
Santander UK plans to close 95 branches and change operations at 36 others, affecting about 750 jobs.
The bank aims to adapt to the increasing use of digital banking, where transactions have risen by 63% since 2019.
After the changes, Santander will have 349 branches, including 290 full-service sites, five "work cafes," and counter-free locations.
The bank will recruit 95 new community bankers to support affected areas and hopes to redeploy some of the affected workers into these roles.
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Santander UK planea cerrar 95 sucursales debido al creciente uso de la banca digital, afectando 750 empleos.