7.4 C
Wednesday, April 21, 2021

AIB to cut 1,500 jobs as branches set to merge

AIB has announced plans to reduce its workforce by 1,500 by 2023.

The bank said it aims to achieve over 10% reduction in costs by 2023.

In a statement today, the bank said it expects to employ 1,500 fewer people within the next three years “due to a combination of normal retirements, natural exits and voluntary severance”.

“The bank is confirming that in early 2021 it is to re-open its voluntary severance programme which was paused in March 2020,” it confirmed.

AIB also confirmed plans to merge a number of branches in Dublin, Cork and Galway in the first half of next year.


COVID-19: 390 new confirmed cases in Ireland

Health officials have confirmed a further 390 cases of Covid-19 in Ireland. Eleven further people diagnosed with the virus...

Two nursing home staff test positive for Covid-19

Two nursing home staff in Dundalk who have been fully vaccinated have tested positive for Covid-19

Bomb defused at PSNI officer’s home in Derry

A booby-trap bomb has been left at the home of a police officer in Derry. British Army bomb experts...

Boris Johnson says he doesn’t believe a referendum on Irish unity will happen for ‘a very, very long time’

UK Prime Minister Boris Johnson has said he does not see a referendum on a united Ireland happening for “a very, very...
clear sky
7.4 ° C
8.3 °
6.7 °
85 %
7 %
14 °
13 °
13 °
14 °
15 °