Jim Daly (Cork South West, Fine Gael)
Link to this: Individually | In context

Question 175: To ask the Minister for Finance the number of new staff hired by Allied Irish Banks in 2010 and from January 2011 to date in 2011; and if he will make a statement on the matter. [27410/11]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

I am informed by AIB that gross new external hires in 2010 were 471 and in 2011 to date are 769. These figures are in respect of the bank overall across all geographies. On a net basis (including terminations and departures) the number of employees at the bank declined by 492 in 2010 and has fallen by 205 in 2011 year to date. Additionally, AIB and officials from my Department have been discussing the introduction of a redundancy package for AIB employees. As those discussions have not yet been finalised, the figures shown above do not include any departures as a result of AIB's intended redundancy program.