Bank of Ireland halfway through cutting 750 jobs

BANK of Ireland is in the process of shedding further jobs having announced last July it intended to axe 750 jobs over two years.

Last night a spokeswoman said the bank was about “halfway through that process” and said it was unlikely to announce any major moves on jobs in the near future. However, the bank has already shed 2,500 jobs in the 18 months to September 2009.

That was done by winding up businesses in Britain and by not replacing staff who retired or resigned.