Ulster Bank plans to cut 266 jobs across the island of Ireland as part of its ongoing cost reduction programme. “We know this is difficult news for our colleagues and we are doing everything we can to support those affected by the changes,” an Ulster Bank spokesperson said. The bank said it is working to minimise this and to ensure that they are aware of other opportunities for redeployment in the bank,” the bank said. Ulster Bank said it will manage the planned staff reductions “in line with existing processes with the Financial Services Union”. Including mortgages, personal loans, and corporate loans, the bank granted 16,800 payment breaks during the height of the crisis.

Source: Irish Examiner September 10, 2020 17:26 UTC