AIB to seek 150 voluntary redundancies

Redundancies 'short sighted' and 'based solely on their profit margins', union claims

In 2023, AIB made a profit of €2bn as it benefitted from high interest rates. 

AIB has announced it is to seek 150 voluntary redundancies over the next three years as the company records massive profits on the back of higher interest rates.

In a statement, the company said its three-year plan was focusing on “further greening of our loan book and delivering greater operational efficiency”.