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100 jobs axed in MBNA pull-out

STAFF at the MBNA credit card facility in Carrick-on-Shannon have had their worst fears confirmed with Bank of America announcing 100 redundancies.

Some of the jobs are likely to go at the end of this year, while the others would go next year. But union and community leaders called on the company to clarify its full position when news of the cuts was delivered to staff at a meeting yesterday.

Staff were told of the layoffs less than three months after the announcement that the company was exiting the credit card business in Ireland and Britain.

Bank of America said that "where possible", the reductions would be voluntary. The current workforce is 750, making it the largest employer in Co Leitrim.

The company said most of the positions being cut were in the collections area, where staff in Carrick-on-Shannon had been supporting the UK card business. It said that the cutbacks would not affect Irish credit card customers.