Lender has not yet announced number of jobs targeted in latest redundancy round
The Financial Services Union has called PTSB’s plans to slash jobs “reckless and damaging,” estimating the lender plans to cull about 500 positions.
The bank has not said how many staff it is targeting to let go, but “it is understood that up to 500 staff will be let go with 100 in IT, 200 in retail and a further 200 across the organisation,” the union said in a statement.Mortgage holders to see dramatic fall in repayments
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