The 250 staff at risk work for Ulster Bank's business in the Republic of Ireland, which is gradually closing down.
Ulster Bank is continuing to operate in Northern Ireland despite closing its business in the Republic of IrelandUp to 250 Ulster Bank staff who live in Northern Ireland but who work for the bank's Republic of Ireland operation are at risk of redundancy.
Staff who work for Ulster Bank's operation in Northern Ireland are also unaffected by the latest round of redundancies, according to the firm.Ulster Bank Chief Executive Jane Howard, said: "As we move into the later phases of our withdrawal, we announced earlier today [Wednesday] another redundancy programme for our colleagues.
"Each redundancy programme announcement is a significant moment for our bank, with a personal impact for our colleagues and I reiterate my ongoing and sincere gratitude to colleagues for the dedication they have shown and for the important work and support that they continue to provide to our customers and each other."
"All our experience, in terms of redundancies, is even when people anticipate an announcement, the finality of the actual announcement is what hits them the hardest," said FSU General Secretary John O'Connell.
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