Bank sector braced for new round of redundancies

Speculation is mounting that a new wave of bank redundancies is set to be announced in the coming weeks, with thousands of jobs in the sector at stake.

26th February, 2012

Speculation is mounting that a new wave of bank redundancies is set to be announced in the coming weeks, with thousands of jobs in the sector at stake.

The job cuts, which will affect a range of institutions across the industry, are expected to greatly exceed the nearly 3,000 on the table from AIB and Bank of Ireland since last year. The news comes as banks continue to report losses and the government tries to...

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