Thought we had seen the last of this for a while…

AIB IS LAYING off around 150 people in Ireland. The redundancies will be on a voluntary basis and will be spread across the bank’s retail and business banking sections.

The Financial Services Union (FSU) said this evening that any employee who takes voluntary redundancy will be guaranteed a minimum of four weeks’ pay for every year of service.

Bill Barrett, a senior industrial relations officer with the FSU, said that the union is seeking assurances that the redundancies will not add to the already increased workload of employees at the bank.

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“While the redundancies are being carried out under agreed terms, the FSU is concerned about the future structures of AIB and the impact on staffing levels across the network,” he said.
The union said the exact number of redundancies is not yet agreed but will be limited to a maximum of 150. The bank is primarily looking to get rid of positions among long-serving staff in its branches and business centres.