Finance union fears for future of 200 IT jobs

IBOA, the finance union, is concerned that the jobs of up to 200 IT staff working on the Bank of Ireland contract at Hewlett Packard may be in jeopardy after the bank confirmed today that it will not renew the contract with HP when it expires early next year.

IBOA General Secretary, Larry Broderick, said today that his members are fearful that regardless of which of the two remaining companies – HCL and IBM – eventually wins the competition for the contract, it may be decided to reduce staff numbers in Ireland by exporting most of the work abroad.