Central Bank plans to cut up to 140 jobs to reduce costs

Central Bank confirms redundancy scheme and targets 120 to 140 jobs cuts in bid to control costs

Central Bank plans to cut up to 140 jobs to reduce costs

The Central Bank has announced plans to cut around 120 to 140 jobs as it seeks to reduce its overall pay costs.

BPFI welcomes Central Bank announcement on cost efficiency

Wednesday 4th November 2026 – Banking & Payments Federation Ireland (BPFI) has today welcomed measures announced by the Central Bank of Ireland to reduce projected expenditure and improve organisational efficiency as part of its financial strategy. The measures form part of the Central Bank’s wider multi-year programme targeting a €75 million reduction in projected expenditure […] The post BPFI welcomes Central Bank announcement on cost efficien…

Why the Central Bank of Ireland is cutting 140 jobs

The Central Bank has announced up to 140 layoffs as part of plans to reduce expenditure by €75m by the end of the decade. The financial regulator said it will reduce its headcount by 120 to 140 people to reduce pay costs by €26m, or 8% by 2030. The Central Bank has started engaging staff […]