Uploaded August 2026 | Updated September 2026, 2 weeks ago
NatWest International is cutting 32 back-office jobs in Gibraltar, according to Unite the Union.
The bank says the changes will not affect customer-facing staff or banking services locally.
Staff were told about the changes earlier this week, with the Chief Operating Office understood to be the department most affected.
Unite says 32 Gibraltar employees are affected.
One employee who has been given notice told GBC there are currently no internal vacancies available to them.
NatWest Group says the changes are aimed at simplifying how it operates, with some roles being centralised within the wider group.
NatWest International is part of NatWest Group, with the international bank headquartered in Jersey. Similar job cuts are expected in Jersey and Guernsey.
The bank says affected staff will be supported and offered alternative roles where possible, subject to ringfencing rules and regulations.
But Unite says the redeployment opportunities available are across the UK, and local employees do not see them as realistic alternatives.
Unite representative Donovan Correia says the union is supporting affected staff and ensuring the process is carried out properly and in line with employment regulations.
NatWest says the changes will not affect banking services in Gibraltar, and that it remains committed to the local market and community.
NatWest International is cutting 32 back-office jobs in Gibraltar, according to Unite the Union.
The bank says the changes will not affect customer-facing staff or banking services locally.
Staff were told about the changes earlier this week, with the Chief Operating Office understood to be the department most affected.
Unite says 32 Gibraltar employees are affected.
One employee who has been given notice told GBC there are currently no internal vacancies available to them.
NatWest Group says the changes are aimed at simplifying how it operates, with some roles being centralised within the wider group.
NatWest International is part of NatWest Group, with the international bank headquartered in Jersey. Similar job cuts are expected in Jersey and Guernsey.
The bank says affected staff will be supported and offered alternative roles where possible, subject to ringfencing rules and regulations.
But Unite says the redeployment opportunities available are across the UK, and local employees do not see them as realistic alternatives.
Unite representative Donovan Correia says the union is supporting affected staff and ensuring the process is carried out properly and in line with employment regulations.
NatWest says the changes will not affect banking services in Gibraltar, and that it remains committed to the local market and community.
