FORMER building society EBS confirmed today that it is seeking 200 redundancies.
The move is part of an overall plan to cut 2,500 jobs at EBS and its parent company AIB Bank.
Trade union Unite condemned the announcement by the EBS human resources department that it is now taking applications for voluntary redundancy.
Colm Quinlan of Unite said the job losses would “rip the heart out of what was once an institution of the people”.
The company has reduced its workforce from 800 to 400 over the past few years, and shown disregard for the workers who built it and the customers who rely on it, the union charged.
AIB said the 200 job losses were part of previously announced plans to shed 2,500 staff at the group and save €200m.
“The voluntary severance scheme has been ongoing since the announcement and rolled out on a phased basis, according to business needs and capacity,” the bank said.