Bank of Ireland is to cut 1,400 jobs in the coming years.
The bank says it has launched a voluntary redundancy programme across the group this morning.
It says in the medium term, it expects to reduce its staff numbers from 10,400 to less than 9,000.
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The bank lost €669 million before tax in the first half of this year, partly due to Covid.
Chief executive Francesca McDonagh says the bank has significantly cut costs in recent years:
