Job losses are not expected at Ulster Bank's nine Galway branches, despite the announcement of massive job losses in its UK parent company.

However, a spokesperson for the IBOA, the Finance Union, said it does not expect any further job losses here. The union is resisting attempts by the company to get staff to sign up to new contracts, which the union say would change their terms and conditions of employment.

The company is asking staff in Ireland and in the nine branches around Galway to forgo a ten per cent allowance already paid to British staff.

"Ulster Bank are trying to get staff to sign the new terms of employment by the 13 November. We are asking members not to sign up," said IBOA General Secretary, Larry Broderick.

"Our members have been given 13 days to sign this new contract – with little explanation or clarification from the bank. Unlike all previous contracts for staff members, the new contract has not been negotiated with the IBOA since the bank walked away from mediation without prior discussion of the new terms," Mr Broderick added.

Comments (1) »

Ulster bank
written by johnjoe , November 12, 2009

This is a disgrace what ulster bank are trying to do to there staff.If they treat there staff like this what way will they treat there customers.

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