Ulster Bank to cut 600 jobs as it exits Irish market

Other staff moving to Permanent TSB and AIB

Further redundancy programmes will be opened in 2023

Ulster Bank has opened two redundancy programmes targeting 600 workers as it continues plans to exit the Irish banking market.

The first programme is for the 450 staff working in Ulster's 63 branches who are not transferring to Permanent TSB along with a small number of other colleagues in Personal Banking. Ulster Bank said the workers can apply for Voluntary Redundancy or enter a period of redeployment where they can look for another role.