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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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11 Comments
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    Mute Dave
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    Mar 7th 2012, 4:46 PM

    Another case of the front line employee paying for the mistakes of idiotic management who will probably keep their jobs!

    121
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    Mute Glyn Carragher
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    Mar 8th 2012, 8:49 AM

    I agrree with your whole comment except the inclusion of the word “probably”

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    Mute David Higgins
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    Mar 7th 2012, 4:33 PM

    My thoughts are with all the staff, never an easy time, even for those who will stay on.

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    Mute Eoin O'Duffy
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    Mar 7th 2012, 4:19 PM

    They’ve been saying this for what, two years now?

    52
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    Mute Eileen Gabbett
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    Mar 7th 2012, 8:59 PM

    This is an absolute disgrace , these are more workers let take the punishment for bad banking practises. All the more upsetting for these people that they are part of the banks own. Shame on the bosses, shame on the government . What have the unions to say about this and all the other lay offs ?
    Where are all the crooked bankers and property developers and speculators ?
    This is a disgrace.

    15
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    Mute Dermot Murphy
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    Mar 7th 2012, 9:27 PM

    The unions wont get involved.Their fatcat bosses are bought and paid for.

    18
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    Mute Elrat
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    Mar 7th 2012, 6:15 PM

    Biggest layoff in banking history – should that be biggest payoff

    9
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    Mute Joe Bloggs
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    Mar 7th 2012, 7:40 PM

    Gov have said it’s looking like 3+2 weeks….how do u work it out as the biggest payoff???

    28
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    Mute William Lankstead
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    Mar 7th 2012, 10:25 PM

    Even more people being laid off….when will it end?

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    Mute HISPRUIKER
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    Mar 7th 2012, 11:24 PM

    Might be selling to someone like Santander as well?

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    Mute HISPRUIKER
    Favourite HISPRUIKER
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    Mar 7th 2012, 11:22 PM

    Do you really think they are going to sell to Santander aswell?

    1
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