Written answers

Thursday, 2 December 2010

Department of Enterprise, Trade and Innovation

Job Losses

12:00 pm

Photo of Seán SherlockSeán Sherlock (Cork East, Labour)
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Question 23: To ask the Minister for Enterprise, Trade and Innovation if his attention has been drawn to reports that up to 10,000 jobs could be lost in the Irish banking sector over the next six months; his views on the implications for unemployment of the loss of such a large number of jobs; if he has sought any information from the banks on the level of job losses planned; and if he will make a statement on the matter. [45539/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I refer the Deputy to my reply to Parliamentary Question No. 125 of 13 October 2010 to Deputy Jack Wall on the issue of job losses in the banking sector and the State support mechanisms in place to assist unemployed persons to return to employment. I met with both BOI and AIB to discuss their restructuring plans in recent months. The recently published Programme for Recovery of the Banking System provides for the restructuring and reorganisation of the banking sector. I will keep the situation under review and ensure State services are coordinated as necessary to support those who lose their jobs.

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