The Francis Street Sessions

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IBOA talks over job cuts

 

The banking union – the I-B-O-A – will meet with management at Anglo Irish Bank later today to discuss plans to cut 130 jobs in Ireland.

The nationalised lender – which will be wound up by 2020 – says the cuts will be implemented by the end of next year.

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Management at Anglo say the job losses will be on a voluntary basis initially – but if sufficient numbers are not achieved, it may need to implement compulsory ones.

General Secretary of the IBOA Larry Broderick is now calling on the Government to implement a strategy – in an effort to save as many of these jobs as possible:

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