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AIB redundancy talks

TALKS between the banking union IBOA and AIB in relation to the bank's plan for 2,000 job losses have been referred to the Labour Relations Commission.

The union has been in negotiations with AIB for three months, seeking a commitment that any redundancies will be voluntary.

It also wants to ensure the terms of the lay-offs will match industry norms.

However, talks broke down last week after AIB management was unable to reassure the union that there would be no mandatory redundancies.