Bank workers union sees ‘serious issues’ in AIB job cuts plan as talks begin

AIB paused its plan last March due to the Covid outbreak, but announced in December  it would be proceeding in the early part of this year

AIB's three-year restructuring plan is aimed at reducing its workforce by up to 1,500 staff.

AIB and employee representative the Financial Services Union (FSU) have formally begun talks on the bank’s three-year restructuring plan aimed at reducing its workforce by up to 1,500 staff in a bid to meet medium-term capital and profitability targets.

The plan also includes AIB existing its commercial banking operations in the UK.