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.