Nationwide to cut 275 more jobs after Virgin Money takeover

UK building society Nationwide is cutting another 275 jobs in its latest round since its £2.9bn takeover of Virgin Money. Bosses told staff the move aims to simplify operations and remove duplication. Cuts will hit retail, including mortgages, plus HR, finance and other departments, on top of 600 job losses announced in June. No customer-facing staff will be affected.