Lloyd's Bank (LYG.US) initiates performance reform, 3000 employees face risk of dismissal.

According to the China Finance APP, the Financial Times reported on Thursday, citing anonymous sources, that the UK's Lloyds Banking Group (LYG.US) plans to place about 3,000 employees who rank in the bottom 5% of performance on a "risk of dismissal list", and these employees may face dismissal.