Jan. 12 (Bloomberg) -- Royal Bank of Scotland Plc’s Irish unit’s negotiations with labor unions on terms of 950 planned job cuts may last three months, according to Larry Broderick, head of the Irish Bank Officials’ Association.
Broderick spoke in an interview with Dublin-based broadcaster TV3. The RBS unit, Dublin-based Ulster Bank Ltd., today announced plans to cut 600 jobs in the Republic of Ireland and 350 positions in Northern Ireland.
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