More bad employment news:
I assume "elsewhere is India.Royal Bank of Scotland (RBS), which owns Ulster Bank, has confirmed today that it is to cut 221 jobs on the island of Ireland as part of a major restructuring programme announced last year.
The bank met with 196 technology services staff in its Dublin office and 25 in Belfast earlier today to inform them that they are to be laid off.
RBS said some roles will be transferred to locations where the bank has key back office hubs in the UK and elsewhere.
RBS to cut 196 jobs in Dublin - The Irish Times - Tue, Jan 19, 2010