Growing number of Citi bank staff turn to union as redundancy fears rise

Financial Services Union has had increase in membership from the bank’s Dublin office even as company denies suggestions that a hiring freeze is in place

The FSU said it was planning to write to Citi seeking an ‘immediate update’ about whether the bank was planning to cut jobs in Dublin. Picture:

A growing number of workers at the Dublin office of Citigroup are turning to a trade union as fears grow that the US investment bank may impose redundancies at its Irish unit.

The Financial Services Union (FSU) has had an increase in membership from staff at the lender over recent weeks, and has claimed that Citi workers are “becoming ever more fearful that redundancies may be part of the future strategy of the bank”.

The ...