Bonus/Layoffs Watch '11: RBS

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Looking ahead to next year's bonus already? No? Well management at the Royalest bank at Scotland is and they'd like everyone to start managing their expectations now- count yourself lucky if they continue letting you into the building.

"FYI- RBS has already been telling employees that 2011 bonuses will be less than 2010. They've also said that if business is not better by summer, there will be another round of layoffs because we are "overstaffed for the current level of business."

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