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flag Lloyds plans to risk dismissal for 5% of its workforce to boost a high-performance culture.

flag UK bank Lloyds plans to put around 3,000 of its lowest-performing employees, or 5% of its workforce, at risk of dismissal to embed a "high-performance culture." flag The move aims to increase staff turnover from the current 5% to a historical average of around 15%. flag This comes after the UK government announced reforms to encourage more risk-taking in the financial sector.

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