About 200 positions at AIB are being eliminated in a voluntary severance round, the bank confirmed today. About 200 positions at AIB are being eliminated in a voluntary severance round, the bank confirmed today. 200 jobs to go at AIB in voluntary severance round"AIB is a large, agile organisation which is focused on being simple and efficient, and this is supported by a continual focus on managing costs. "In line with this, the bank continuously reviews our resourcing requirements, and VS (voluntary severance) is one solution offered to meet these requirements in certain areas," the bank said in a statement. They have been offered severance terms that include three to four weeks’ pay per year of service above the two-week statutory requirement.

Source: Irish Independent October 02, 2019 16:30 UTC