Monday June 1, 2020

Banking jobs are slashed by 5,650, with more cuts to come

Some 5,650 jobs have been lost in Irish banks in the last two years, and a further 500 employees will leave the sector this year.

2nd February, 2014

Some 5,650 jobs have been lost in Irish banks in the last two years, and a further 500 employees will leave the sector this year.

AIB's voluntary redundancy programme of 2,500 job cuts - announced in May 2012 - has been completed across all areas of the bank. An AIB spokeswoman said that the reduction of employee numbers was ''ongoing and that the bank ''may reduce headcount further through outsourcing.

Chief operating officer Ann Boden said last October that...

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