Committee calls on bank chiefs to discuss job cuts

AN Oireachtas Committee has asked Bank of Ireland executives to appear before it after it heard yesterday that lack of information on a cost-cutting plan had made up to 12,000 staff fear for their jobs.

BoI announced 2,100 redundancies last month but bank officials yesterday claimed the firm had still not given specific details about which staff would be culled or which branches would close.

Irish Bank Officials Association general secretary Larry Broderick told the Finance and Public Service Committee: “This has led to increased fear and loss of morale among staff who await daily in trepidation to be told by management that their job is gone.”