The chief executive of AIB has written to staff confirming the bank has accepted the recommendation of the Labour Relations Commission in relation to redundancy payments.
David Duffy said the bank will begin taking applications for early retirement and voluntary severance this Wednesday.
"We will be as flexible as possible in facilitating staff requests but the final decision on the application acceptance and timing must rest with the bank," Mr Duffy said in the email.
AIB is aiming to cut it workforce by 2,500.
AIB is aiming to cut it workforce by 2,500.
