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Sat 01 Jan 2010Number of staff seeking to leave Anglo exceeds 230 cuts sought
THE NUMBER of employees seeking to leave Anglo Irish Bank under the bank’s voluntary redundancy programme exceeded the 230 job cuts sought as the programme closed to staff yesterday.
The State-owned bank has told staff it will not allow all employees who have applied to leave unless there is “over-capacity” in the area in which they work. The bank is identifying the divisions where there is “surplus capacity” and can reduce staff numbers in line with the reduction in business.
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