Lloyds Banking Group has this week revealed plans to exit their centre on the Pitreavie Business Park by the middle of 2026.
Workers now face a decision to work from home or travel to Edinburgh.
The firm has stressed that there will be no “role reductions” as a result of the closure which has been taken due to the building being “under-occupied” as more colleagues work from home and travel to the office less frequently.
Concerned workers have contacted the Press to express their concerns and say they have been told there will be no “compulsory” job losses with employees facing the choice of working from home of going over the Forth to Edinburgh.
A spokesperson for Lloyds Banking Group said: “In line with our commitment to enhancing our property estate, we are creating fewer, better-equipped, modern and sustainable offices to suit the future of our business.
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“As part of this, we are building hubs and communities in key locations across the UK to help deliver on our strategy.”
There are currently around 1,500 people based at the Pitreavie office and Lloyds say that 70 per cent of these workers are working remotely or will be working remotely when the building closes.
The remaining employees will relocate to the Citymark building in Edinburgh city centre.
The bank say they have sought guidance from an external travel consultant to provide the most accurate information to staff and ensure their commutes are as “easy as possible”.
Commenting on the announcement, Dunfermline and Dollar MP Graeme Downie said: “I have just heard the prospect of this closure today and will be seeking a meeting with Lloyds as quickly as possible to learn more about the implications of this.”
Dunfermline MSP Shirley-Anne Somerville said she is seeking “urgent clarification” on the news.
“I was surprised to hear the announcement from Lloyds Banking Group this morning that they will be closing their Pitreavie office in 2026,” she said.
“While I am relieved to hear there will be no job losses as a result of this decision, I will be seeking urgent clarification on what this will mean for staff.
“Remote working has clearly changed how many businesses operate but I understand that having to travel to Edinburgh for work will mean increased costs.
“Any staff who have concerns about this announcement are welcome to contact me and I would be happy to raise questions to the company on your behalf.”
The office, formerly Bank of Scotland’s Visa Centre, was built in the mid-1980s and is opposite Nationwide’s former Dunfermline HQ, which closed last year.