Ulster Bank to cut 175 management roles

Ulster Bank to cut 175 management roles

Ulster Bank is to cut 175 senior management roles.

It is part of a voluntary redundancy scheme at the bank which opened today and will close on January 8.

It affects those in management roles or above.

According to the bank, the move will not impact services to customers and it says that there are no plans to reduce the number of branches.

The manger roles affected does not include branch managers.

"Our strategy is to serve our customers digital-first, supported by our colleagues on the frontline," said Ulster Bank Chief Executive, Jane Howard.

"As we simplify our processes and improve our service, the management structure we’ve built is unnecessarily complex, therefore today we opened a voluntary redundancy scheme for our manager colleagues.

"This will reduce our population of managers by c175, removing layers and bring us all closer to our customers to improve our service.”

More on this topic

Bord na Mona bosses have no interest in finding new jobs for workers, union claimsBord na Mona bosses have no interest in finding new jobs for workers, union claims

Decarbonisation agenda will continue despite midlands job losses, Govt insistDecarbonisation agenda will continue despite midlands job losses, Govt insist

Locals shocked at sudden closure of landmark Fermoy hotelLocals shocked at sudden closure of landmark Fermoy hotel

London builder eyes job cutsLondon builder eyes job cuts

More in this Section

State must not scare gas firms from Irish watersState must not scare gas firms from Irish waters

Irish Apple reseller Compu B buys rival UK firmIrish Apple reseller Compu B buys rival UK firm

Flat-rate expenses decision deferred for yearFlat-rate expenses decision deferred for year

Bank shares enjoy ratings boostBank shares enjoy ratings boost


Lifestyle

It’s not what you have that makes you happy, it’s what you do. And what better time to be proactive than during the season of goodwill, says Margaret Jennings.Joy to the world: Strategies to increase your happiness during the season of goodwill

For a magical mantelpiece makeover the natural way, foliage and garlands add showstopping sparkle to the scene, says Hannah Stephenson.Bring Christmas cheer indoors: Foliage and garlands add showstopping sparkle

More From The Irish Examiner