Union leaders have warned that confirmation of 700 job losses at three Royal Bank of Scotland sites, including Telford, would be "devastating" for the local communities.
Unite said a call centre in Telford dealing with debt management and fraud operations will close, with the loss of 500 jobs, while 150 jobs will go in Plymouth and 40 in Leeds.
National officer Dave Fleming said: "The job loss announcements and site closures are truly devastating news for the local communities, many of which depend on these finance jobs.
"When RBS announced 3,500 job cuts in September 2010 there was utter disbelief about the scale of the cuts, and today we are seeing the human tragedy which this decision will result in.
"We must remember that behind each and every job loss there is a family tragedy and the consequences are often devastating.
"Unite is calling on the bank to do more to offer retraining and redeployment for the workforce, who will today be distraught by this news."
RBS said in a statement: "We announced last September that we would be reducing the number of centres we operate from, and that regrettably this would lead to job losses.
"We identified the sites that would close over the next two years and committed to giving our employees 12 months' notice of the closures taking place.
"We will do all we can to support our employees, offer redeployment opportunities wherever possible and to keep compulsory redundancies to an absolute minimum.
"Having to cut jobs is the most difficult part of our work to rebuild RBS and repay taxpayers for their support."