High street bank the TSB has announced plans to shut 82 branches in the new year, putting up to 400 jobs at risk.
The business said it is cutting back on branches to try and boost profits, automating some of the work its staff do.
The business, which was forced to split from Lloyds on 2013 following the £20 billion of taxpayer money pumped into the bank following the Credit Crunch, has not announced which branches are going.
Some 631 TSB branches were created as a result.
Staff will be told if their branch is affected in the coming days, and a full list of sites slated for closure will be published on Thursday.
Between 300 and 400 staff are understood to be employed in the branches - understood to be the least busy sites - and TSB said it will try to find new roles for them elsewhere in the group.
TSB said it was part of a plan to save around £100 million by 2022, and turn a profit of between £130 million and £140 million.
Setting out the three-year strategy, chief executive Debbie Crosbie said: “The plan we’re sharing today involves some difficult decisions, but it sets TSB up to succeed in the future.
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“Taken together, these changes will help us to serve more customers, better, for the long-term.”
It also includes a push to invest another £120 million in digital products.
The bank said it expects 70 per cent to 80 per cent of its sales to come from digital channels by 2022, up from 46 per cent in September this year.
It comes in a tough retail environment for British banks, with high streets suffering while online-only challengers are tempting customers with new types of accounts.
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TSB said it had around twice the number of stores per 10,000 customers in 2018 as the average in the 海角视频.
Ms Crosbie said: “With a trusted brand, modern platform, and national presence, TSB is well placed to deliver - but we need to make changes to enable us to compete.
“Our new strategy positions TSB to succeed in a challenging external environment at a time when we know customers want something different and better from their bank.”