RBS cancels Christmas parties

"Royal Bank of Scotland is cutting back on perks for its investment bankers.

The division's chief financial officer, Chris Kyle, has sent an internal memo telling staff the firm will not subsidise Christmas parties and other end-of-year entertainment.

In addition, it says no-one will be given new Blackberry phones, headsets or other telecoms equipment.

The RBS unit is also refusing to pay for any new magazine or newspaper subscriptions.

People working late have been told the bank will not pay for taxis to take them home until 10pm, an hour later than had previously been the case.

Staff are also reminded that all travel lasting less than four hours must be in economy class, without exception."

http://www.bbc.co.uk/news/business-15315120

 
anon56:
People working late have been told the bank will not pay for taxis to take them home until 10pm, an hour later than had previously been the case.

Staff are also reminded that all travel lasting less than four hours must be in economy class, without exception."

it's 10pm too for manhattan destinations. maybe london is different? and domestic flight under 2,200 miles must be in economy class. if that is internal travel, over 2,200 must also be in coach. this is a US bank policy.

 

lolz RBS too broke to afford Christmas. How long till we see John Hourican on the streets of London begging people for spare change?

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.
 

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