AIB redundancy deal to be revealed this month

AIB’s 12,500 Irish staff will hear within the next month the details of the redundancy packages to be offered to as many as 2,000 exiting staff, chief executive David Duffy told staff yesterday.

The finance workers’ union, the IBOA, have been pressing AIB and the Department of Finance to facilitate meaningful engagement with the union on the restructuring of the bank and a number of outstanding issues affecting various grades.

“Staff in AIB have been living in the shadow of redundancy for a long time now. They deserve clarity about their future,” said IBOA general secretary Larry Broderick last month.