Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

163. To ask the Minister for Finance if AIB has any plans to outsource certain jobs from Ireland over the next number of years as part of Project Orion; if he will provide details of this project including the cost, the number of jobs involved and the functions that may be transferred; and if he will make a statement on the matter. [53063/13]

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

As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the bank or their management decisions regarding commercial decisions. I have been informed that AIB has previously indicated that as part of its restructuring plan to reduce costs and increase efficiencies, outsourcing of certain functions would be considered in consultation with the IBOA and affected staff.