BNP Paribas Lease Group subsidiary Arval
intends to cut up to 80 jobs in the UK starting from the end of
January, according to a statement released today.
The company, which employs 850 at its UK base
in Swindon and another 150 in Birmingham, will introduce the phased
redundancies in order “to strengthen our business further and
contribute to our long-term success within the UK fleet market”,
the statement said.