Ulster Bank to cut 80 jobs, says union

Ulster Bank has said it intends to cut about 80 jobs under plans to outsource mortgage-arrears work to Scotland, the IBOA Finance Union said in a statement.

28th January, 2014
Ulster Bank headquarters in Dublin.

Ulster Bank has said it intends to cut about 80 jobs under plans to outsource mortgage-arrears work to Scotland, the IBOA Finance Union said in a statement.

The union said that the bank plans to cut 110 jobs, mainly at its mortgage center in Dublin, though this will be partially offset by 30 new roles as “field agents” involved in collection work.

IBOA General Secretary Larry Broderick said the union has written to Ulster Bank members...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago