Lloyds Online Push to Eliminate 9,000 Jobs

Lloyds Online Push to Eliminate 9,000 Jobs

Assessment

Interactive Video

Business, Health Sciences, Architecture, Biology

University

Hard

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The video discusses the trend of online banking and its impact on traditional bank branches, particularly in the UK. It highlights the reduction in bank branches due to declining visits and the shift to online services. Personal experiences with bank branches are shared, emphasizing the changing nature of customer interactions. The video also touches on the broader trend of online shopping affecting retail and banking sectors. Different models of customer service in banks are explored, showcasing how some banks are adapting to these changes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons are given for the decline in bank branch visits?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the different banking models mentioned in the text that focus on customer service?

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