# Nationwide plans 275 job cuts as Virgin Money integration continues

- URL: https://talkfuse.com/story/nationwide-to-cut-275-jobs-in-latest-round-since-takeover-of-virgin-money/
- Published: 2026-10-25T07:00:57+00:00
- Updated: 2026-10-25T07:32:33+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/business/2026/oct/25/nationwide-to-cut-275-jobs-in-latest-round-since-takeover-of-virgin-money
- Topics: Art, Business, Culture, Economy

## Key points

- Nationwide plans 275 more job cuts during its Virgin Money integration.
- The roles cover several departments, including retail and mortgages.
- The lender says customer-facing staff are unaffected.

## Summary

Nationwide plans to cut 275 jobs as it continues integrating Virgin Money, which it bought for £2.9bn. The lender says the cuts will simplify operations and remove overlapping roles; they come after 600 job losses announced in June.

The roles span retail, including mortgages, as well as HR, customer operations, communications, finance and the chief operating officer’s office. Nationwide says no customer-facing staff are affected and that it will support those at risk through retraining and redeployment. Its workforce is now about 27,000, and the lender says the cuts are not linked to growing use of AI.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.