Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

Our turnover halved. From a point where we were employing more than 90 people at the beginning of 2007, we ended up back at 63. Fortunately for us, as we were not overstaffed in the boom, a lot of it was natural attrition rather than having to let people go. However, we did have several redundancies.