Employees in limbo as they wait to hear fate
Ashen-faced and despondent employees ventured out to usual lunchtime haunts close to Ulster Bank head office on George's Quay in Dublin, still digesting the unpalatable news that life on the dole may beckon for many in 2012.
Staff complained they were only notified of the full magnitude of the job losses through messages on the company intranet.
A number of employees said yesterday's announcement wasn't completely unexpected, with talk of "consolidation" and impending job losses circulating in recent weeks.
One employee, Emmanuel Haastrup, said his life was now in limbo as manage-ment had not yet informed employees who faced the chop in the coming months.
"I don't think anybody knows as of yet who will lose their jobs," he said. "As far as I know most areas of the bank are going to be affected.
"Of course I'm disappointed but there's nothing you can do about it."
"I'm married and have two kids, aged 13 and seven. I have a mortgage as well so if it ends up that I lose my job I'll be out looking for another one," Mr Haastrup added.