AIB in discussions with bank unions over job cuts

Banking staff unions are in discussions with senior management at AIB about significant job losses which are expected in the coming months.

5th February, 2011

Banking staff unions are in discussions with senior management at AIB about significant job losses which are expected in the coming months.

Negotiations around voluntary and early redundancy packages for staff are underway and must be concluded by the end of this month, the deadline for further recapitalisation of the banks, to comply with the Financial Regulator’s new rules on minimum capital requirements.

It follows Permanent TSB’s announcement last Friday of 280 voluntary...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say