Union: 4,000 banking jobs may be lost

WITH MBNA yesterday announcing the latest job losses in the finance sector, the country’s main finance union IBOA has predicted that a further 4,000 jobs could go from banking in only the next six months.

The MBNA credit company blamed its decision to axe 66 of its 1,000 roles at its operations in Carrick-on-Shannon on the economic downturn.

IBOA general secretary Larry Broderick said they were the latest of 6,000 finance jobs lost over the last 18 months and he called on Enterprise Minister Batt O’Keeffe to not only support calls for clarifications from banks as to their future intentions, but also to put a jobs strategy in place focussed on retaining jobs and redeploying people where necessary.