Anglo lay-off terms below bank 'norms'

[BoyRacer]

Anglo lay-off terms below bank norms -> rte.ie/news/2011/0908/anglo-business.html

Staff at Anglo Irish Bank have been offered a redundancy package well below levels previously seen in the financial sector.
The Anglo offer presented on Monday is four weeks’ pay per year of service, including statutory redundancy entitlements.
The total amount is capped at €175,000 per employee - with 130 redundancies being sought in the first round. The details were first published in the journal Industrial Relations News.

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