IBRC staff told jobs safe for at least 3 months

Irish Bank Resolution Corporation employees — who were put on monthly rolling contracts when the liquidation of the company was announced last week — have been told that their jobs are safe for at least the next three months.

KPMG’s Kieran Wallace, who was appointed special liquidator of the former Anglo Irish Bank/Irish Nationwide Building Society last Wednesday, yesterday informed IBRC staff via an internal email that the wind-down process will likely take months, but that jobs are safe for the next three months.

The memo added that further communication, regarding progress of the liquidation process, would be forthcoming in two months time.