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Job Losses

Dáil Éireann Debate, Wednesday - 1 February 2012

Wednesday, 1 February 2012

Ceisteanna (46)

Seán Crowe

Ceist:

44 Deputy Seán Crowe asked the Minister for Finance if he will give a commitment to staff currently employed at Permanent TSB that their jobs will be protected as part of any future sale or merger of the company. [5665/12]

Amharc ar fhreagra

Freagraí scríofa

Discussions are ongoing in relation to the restructuring of Permanent TSB and it would not be appropriate at this time to speculate as to what impact this may have on staff in the institution. However, as I have stated previously, the Deputy will appreciate that it is an inevitable, but unfortunate, consequence of the necessary restructuring of the banking system that job losses will arise.

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