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.

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 TheJournal.ie that it was not making any comment on the matter.

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

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