Written answers

Tuesday, 17 June 2014

Department of Finance

Banking Sector Redundancies

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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183. To ask the Minister for Finance if AIB is planning to reduce its non-finance staff; and the way it is planning to do so. [25922/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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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 matters. As AIB has previously indicated as part of its agreed EC Restructuring Plan which requires it to reduce costs and increase efficiencies, outsourcing of certain functions would be considered in consultation with unions and affected staff.

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