Unite to seek best outcome for members following ACC announcement on job losses and closures

20th May 2009

Unite, the trade union which represents over 100 workers at ACC Bank, is to meet with management to discuss elements of the job losses, branch closures and restructuring announced by the bank to staff today.

“This is a major blow for communities across the country,” said Unite regional officer Frank Maunsell.  “We have already commenced a process of facilitated discussion with management and we will negotiate a package for those who will lose their jobs and security for those who remain, commensurate with the fact that the banks parent company made a profit in 2008 of euro 2.8 billion.

“ACC Bank is part of a viable and sustainable company.  Today’s announcement is a sad reflection on how the financial crisis and boardroom decisions taken as a result of it can have a devastating impact on the lives of those who helped to create that company in the first place.”

“We will make sure those who are affected will be treated fairly.”

ENDS

Further information: Frank Maunsell – Unite M: 087 6892014; Rob Hartnett – Hartnett McClure PR M: 086 3851955


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