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Gareth Chaney/RollingNews.ie

AIB is laying off around 150 people

The Financial Services Union says it is concerned about the redundancies.

AIB IS LAYING off around 150 people in Ireland.

The redundancies will be on a voluntary basis and will be spread across the bank’s retail and business banking sections.

The Financial Services Union (FSU) said this evening that it was concerned about AIB’s proposals, noting that “despite the bank’s return to profitability, it is still seeking reductions in staffing numbers”.

The union also raised concerns about the bank’s focus on offering long-serving staff redundancy, saying that it is leading to a “steady decline in the availability of experienced bankers” and limiting promotional opportunities for staff who remain at the bank.

The exact number of redundancies is not yet agreed, but will be limited to a maximum of 150.

Any employee who takes voluntary redundancy will be guaranteed a minimum of four weeks’ pay for every year of service.

Bill Barrett, a senior industrial relations officer with the FSU said that the union is seeking assurances that the redundancies will not add to the already increased workload of employees at the bank.

“While the redundancies are being carried out under agreed terms, the FSU is concerned about the future structures of AIB and the impact on staffing levels across the network,” he said.

AIB is owned almost entirely (99.8%) by the State, after the bank had to be bailed out with €21 billion during the depths of the financial crisis.

AIB reported pre-tax profits of €1 billion for the first six months of this year, and said it would repay some €1.8 billion to the State.

Read: AIB and BOI ranked among the worst in Europe after stress test 

Read: AIB to open new supermarket branch as part of ongoing expansion for bank 

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32 Comments
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    Mute poisonivy
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    Feb 8th 2015, 9:54 AM

    Re 50 Shades
    I’ve said it before I’ll say it again If I wanted to watch a poorly written movie with a cast of unknowns and badly acted, unrealistic sex scenes I just watch actual porn.

    311
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    Mute David Evans
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    Feb 8th 2015, 10:16 AM

    Do girl.

    75
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    Mute poisonivy
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    Feb 8th 2015, 10:55 AM

    Haha, hypothetically speaking that is.

    41
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    Mute Andrew Knight
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    Feb 8th 2015, 10:32 AM

    Down to with this sort of thing!

    54
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    Mute Conor Heffernan
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    Feb 8th 2015, 11:38 AM

    There’s people coming from gdansk to see the film!

    44
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    Mute Mark Lillis
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    Feb 8th 2015, 1:29 PM

    Ah in fairness the people from Gdansk are probably here to collect the social welfare and going to the cinema to kill time before the flight home.

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    Mute Conor Power
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    Feb 8th 2015, 10:14 AM

    Looking forward to film version of Fionnuala O’Carroll-Kelly’s ‘Fifty Greys in Shades’

    47
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    Mute Uncle Mort
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    Feb 8th 2015, 12:17 PM

    “Why go to the cinema to watch other people have sex? It’s perverted. If I go to the cinema I want to be entertained”

    In the olden days couples were known to ‘do it’ on the floor in the back row of the balcony seats in the Leinster Cinema in Dolphins Barn, giving much entertainment to us young lads.

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    Mute Dylan Neary
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    Feb 8th 2015, 11:22 AM

    I’m looking forward to it actually, hope its in 3 D too

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    Mute big willy
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    Feb 8th 2015, 10:07 AM

    The sequel is already in production – 50 Shaves a Day starring Susan Boyle!

    35
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    Mute Spiderman_Irish
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    Feb 8th 2015, 10:02 AM

    In the words of Family Guy’s Glen Quagmire: “Giggidy gigidy al…rite…”

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    Mute Davidontour
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    Feb 8th 2015, 4:04 PM

    ”Why go to the cinema to watch other people have sex? It’s perverted. If I go to the cinema I want to be entertained.”

    Guess what Mary? A hell of a lot of people find sex entertaining. And (you may need to sit down for this one) a very large percentage of the 100 million copies of FSOG sold were to women, as is the target audience for the film. That’s a lot of lady perverts. But the good news for you is Shaun The Sheep is on. The clean version.

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    Mute Gary Gary
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    Feb 8th 2015, 9:55 AM

    I’ve s feeling film is going to gratuitous just for the sake of it.
    More ebbing away of Ireland’s mortality

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    Mute Dublinguy2013
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    Feb 8th 2015, 10:00 AM

    Gary seriously get a hobby for yourself. Sick of your comments on nearly every article.

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    Mute Pat Kirwan
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    Feb 8th 2015, 10:05 AM

    Ireland’s morality has been eroded by the very people who were preaching it. An organisation that was rife with child molesters, paedophiles, people who would abuse physically, mentally and sexually and then get up on an altar and tell people how they live their lives. Sorry now but a film/book about sex is not going to destroy this country.

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    Mute Spiderman_Irish
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    Feb 8th 2015, 10:06 AM

    I think Gary Gary is from one of them groups that dress women up from head to toe to cover them up for morality reasons. Yet when they get home they 50 shades the women where people can’t see them or judge them. It’s the 21st century Gary Gary come into the light my friend.

    Mortality btw is about death. Morality is about morals fyi..

    103
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    Mute big willy
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    Feb 8th 2015, 10:09 AM

    Gary

    I’m surprised you’re posting comments here, I though you’d be at Mass!

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    Mute Spiderman_Irish
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    Feb 8th 2015, 10:09 AM

    Pat the only problem with what you said there is that people i.e the clergy did those things. It never said in the bible to abuse children and I do think there needs to be a separation there. But yes a lot of bad people preached one thing and did another and as a result hurt the church, country and people. Not all but some.

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    Mute Gavan Duffy
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    Feb 8th 2015, 10:18 AM

    We’ll said Pat

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    Mute Zoltar
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    Feb 8th 2015, 10:37 AM

    Sex is not evil, immoral or a negative, we are the most sexualised and social beings on this earth. The head of the human penis is shaped like so to plunge other semen out of the vagina, we think about and have Sex More than any other animal, our biology shows that sex was used to strengthen bonds, people that love an old book have made us feel guilty of these natural “immoral” urges, wish they’d get a grip and stop trying to legislate nonsense on other people, feel free to flagellate yourselves though.

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    Mute Mark O'Hagan
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    Feb 8th 2015, 12:24 PM
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    Mute Fran McCarty
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    Feb 8th 2015, 1:56 PM

    Would you watch your sister in a porn movie skippy?

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    Mute Michael Sands
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    Feb 9th 2015, 12:28 AM

    “Austerity in Ireland ended more than 12 months ago.” Good one, isn’t not the whole of the eurozone in austerity because it was aimed at the currency rather than countries and this led to countries being in worst austerity than the Euro. How can the Eurozone have a currency that is in austerity and the countries using it are not, I find that confusing?

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    Mute feargal de cantuin
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    Feb 8th 2015, 11:13 PM

    Time to do away with the whip system in government ,I say!

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