Out of office: Your essential round-up of the latest business news

AIB started a formal consultation with the Financial Services Union today on its plans to cut its workforce by up to 1,500 by 2023, according to the union. The bank had said in early December that it would move in early 2021 to reopen a redundancy programme that had been stalled last year as a result of the Covid-19 crisis. It also outlined plans at the time to exit some Dublin head office locations, merge ...