Internal restructuring
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

200 jobs
Number of planned job losses
Job loss
Announcement Date
27 April 2018
Employment effect (start)
27 April 2018
Foreseen end date
31 December 2018


Bank of Ireland is to close 28 of its service centres across the county, which is likely to result in a workforce reduction of 200 employees.

The service centres employ up to 420 people, but it is expected that over half of the staff working in the service centres will be retained by the Bank. The function of the service centres, mostly administrative and support oriented, is to be centralised.

The Financial Services Union (FSU) expressed concern with the announcement, citing uncertainty for staff at this time. 

Any job reductions would be on a voluntary basis, at first instance, and according to a collective agreement the Bank has with the FSU.


  • 27 April 2018: RTE
  • 27 April 2018: Irish Examiner


Eurofound (2018), Bank of Ireland , Internal restructuring in Ireland, factsheet number 93890, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93890.