This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
Dublin: 7 °C Monday 20 January, 2020

Report suggests 2,500 job cuts imminent at AIB

The bank declined to comment on this afternoon’s suggestions that it is preparing to slash 2,500 jobs – and not the 2,000 anticipated.

Image: Photocall Ireland

AIB HAD NO comment to make on a report that it is to raise the number of jobs it plans to slash from 2,000 to 2,500.

A spokesperson for the bank said it was not making any statement at this time.

Citing two people with knowledge of the matter, Bloomberg published an article suggesting that the bank is preparing for the biggest layoff in Irish banking history.

Details of the plan could be announced this week, writes Joe Brennan. About 2,000 jobs losses were expected but the extra 500 is undstood to be because of an overlap in staff due to the EBS merger.

The Department of Finance also told that it was not making any comment on the matter.

Read: AIB still paying millions for staff gym and golf club fees>

  • Share on Facebook
  • Email this article

Read next: