Madam, - Between the 1960s and the 1990s, the staff of the associated banks took action at least four times - once for five months. This is not a healthy reflection of relations between banks and their staff.
However, after these strikes relations improved and staff forgot the hardships and animosities and gave total commitment and flexibility for the betterment of their individual banks.
Proof of their diligence has been reflected in the balance sheets of the banks. Staff accepted huge changes in work practices, early retirements, voluntary redundancies, etc.
The Bank of Ireland has achieved unprecedented profits on the backs of their customers and staff. The proposed job losses in this bank by compulsory redundancy stem from insatiable greed.
The Bank of Ireland is one of the few remaining indigenous banks and its current ethos is completely contrary to that of its founders. This bank's aims are those of a contemptible despot and deserve our utter abhorrence. - Yours, etc.,
M. de BRÉADÚN, Upper Kilmacud Road, Dublin 14.