DOZENS of AIB staff across Co Donegal will lose their jobs after the bank prepares to announce 2,500 redundancies across the State.
The bank has 16 branches in the county in Bundoran, Ballyshannon, Killybegs, Donegal Town, Ballybofey, Lifford, Raphoe, Letterkenny, Milford, Dungloe, Gaoth Dobhair, Falcarragh, Dunfanaghy, Buncrana, Carndonagh and Moville.
There are growing fears that some of the smaller branches may close altogether and staff who do lose their jobs will be offered relatively poor redundancy packages.
The Department of Finance and the bank have declined to comment on reports from the news agency Bloomberg that the number of redundancies will be 25% larger than the 2,000 originally expected.
One AIB staff member in Co Donegal told donegaldaily.com: “We’re being made to pay for the mistakes of the speculators at HQ. They (the bank) will have a fight on their hands over this.”
He said that he feared that as many as 70 jobs could go in the county.
Bloomberg said today the higher figure was partly as a result of the bank’s takeover of the EBS Building Society.
The union representing bank staff, the IBOA, has said it is seeking an urgent meeting with the Department of Finance and AIB senior management to discuss speculation about restructuring at the bank.
“Since the bank has yet to provide us with details of its proposals, the union is therefore seeking these meetings in order to clarify the future direction of the bank and the likely implications of any change for staff and customers,” IBOA general secretary Larry Broderick said in a statement.
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