Union to ballot AIB staff on cuts

The IBOA is to ballot its members in AIB regarding new Labour Court recommendations, which largely support the bank’s planned widespread cost-cutting programme, before the end of this month.

The union yesterday welcomed what it called “substantial progress” made on the plans which will see changes in pay, pensions and working hours but added that, if accepted and implemented, they will represent “significant change” for many members.

“We will now consult our members on these wide-ranging and comprehensive recommendations,” IBOA general secretary, Larry Broderick said. “We will consider the recommendations in detail and await the response of AIB and the bank’s stakeholders before coming to any conclusion.”