The 950 redundancies Ulster Bank announced last week have refocused attention on appropriate staffing levels in all of Ireland's banks, as they discard their boom-time business models in favour of leaner and more conservative ways of doing business.
The latest round of cuts at Ulster Bank will see overall headcount at the bank drop by about a third from a pre-crisis level of 6,000 to 4,000 workers. The lender, the third-largest by market share in Ireland,...
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