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flag PTSB, Ireland's state-owned bank, plans to cut 300 jobs, or 10% of its workforce.

flag PTSB, Ireland's state-owned bank, plans to cut about 300 jobs, around 10% of its workforce, after a voluntary redundancy scheme launched in October. flag The bank, which employs about 3,000 workers, reported a pre-tax profit of €75m in the first half of last year. flag The redundancy program, initially for senior managers, was later opened to all staff.

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