4,000 possible job losses in banks and Eircom

THE welcome announcement of 300 fuel garage jobs today will do little to soften the blow of 4,000 looming job losses in the bank and telecoms sectors.

While a few hundred jobs in Leinster service stations will be made public today, anxious workers at the country’s two biggest banks and largest telecoms group remain in the dark over a reported massive jobs cull in both sectors.

Opposition TDs said the potential shedding of 2,000 jobs at Bank of Ireland and Allied Irish Bank and another 2,000 at Eircom was another black day for employment brought about by bad policy.