Learning Team 2-3: Current Event

In Ireland the Bank of Ireland is cutting 230 job.  there wsa 750 jobs that were going across the  United Kingdom and Ireland.  The banks was the biggest lender in Irish Republic and was badly hit by the banking crisis with billions of euros of property loans going bad.  This is the reason why tthey had to let 230 people go.  Most of the cuts are as a result of the bank moving business support facilities.

There will be 350 jobs will go in Northern Ireland, but there was still 600 jobs being cut.  the RBS is going to cut 3500 jobs over the next three years.  They said that the cuts were necessary.  This is important because this will hurt the economy and there will be more homeless people on the streets.

BBC – Homepage. “BBC News – 230 Jobs to Go at Bank of Ireland in Northern Ireland.” Web. 19 Jan. 2012.

News, John Campbell BBC.  BBC – Homepage.  “BBC News – Ulster Bank Says 950 Jobs to Go on Island of Ireland.” Web. 19 Jan. 201

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This entry was written by jgooseberry4ecspress and published on January 19, 2012 at 2:39 pm. It’s filed under Uncategorized. Bookmark the permalink. Follow any comments here with the RSS feed for this post.

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