Wednesday 29 March 2017

Ulster Bank and union reps to meet over fears for hundreds of job losses

Independent.ie reporters

ULSTER Bank management and union representatives meet today amid fears that hundreds of job losses could be announced as soon as tomorrow.

While the bank said it does not comment on speculation, Larry Broderick, general secretary of the Irish Bank Officials Association, said there are growing fears among staff.

"we have been concerned about speculation about job losses,” he said.

“We want Ulster Bank to clarify the situation."

The bank currently employs 5,000 in total – both here and in Northern Ireland..

In 2009 it made 1,000 staff redundant.

The bank is also heavily exposed to the commercial property sector.

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