Written answers
Tuesday, 17 June 2014
Department of Finance
Banking Sector Redundancies
Pearse 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]
Michael 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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