Ulster Bank confirms 266 job cuts – TheLiberal.ie – Our News, Your Views

Ulster Bank confirms 266 job cuts

One of the country’s leading banks has announced that 266 jobs are to go in the coming weeks as a result of the Covid-19 pandemic.

In an announcement Ulster Bank confirmed that 10% of its workforce will be made redundant over the coming weeks ahead.

It is understood that bank plans to axe 213 jobs in the Republic of Ireland, whilst further 53 will go in Northern Ireland.

The news comes as the bank reported an operating loss of €276m in the first six months of this year.

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