Unite has expressed disappointment at the announcement by The Co-operative Bank to make job losses, close bank branches and halt all recruitment.
The bank has told its workforce that 350 jobs will be lost across the bank and 18 branches will be closed.
Unite National Officer, Rob MacGregor, said: “Unite is deeply disappointed that The Co-operative Bank has made the decision to cut 350 staff and close 18 bank branches.
“Job losses are always unwelcome, however, given the repeated restructuring exercises that this workforce has been through over the past 10 years the news today will be particularly painful.
“During these extremely testing economic times, Unite wants all employers to work with the trade union to avoid job losses and protect the livelihoods of our members.
“Unite will continue to press The Co-operative Bank to put strategies in place to secure as many jobs as possible and avoid compulsory redundancies.”
The planned job losses will take place at the end of this year across all areas of the bank.