Bank of Ireland to move to hybrid work model for employees, report says

The Bank of Ireland plans to move to a hybrid work model that will allow employees to work from central offices and remote locations in hubs across the country, The Irish Times reported.

A survey conducted by the company revealed 91 percent of employees preferred a more flexible work style after the pandemic ends, the news site said, citing the bank. The lender also plans to reduce its office footprint in Dublin to cut costs and prepare for employees to continue with remote work for “a greater work-life balance,” Bank of Ireland’s Chief People Officer Matt Elliott said, according to The Irish Times.

A network of 11 remote-working hubs will be designated for employees who want to work outside the office, it said, adding that offices will be used as spaces for collaboration, meetings and building connections.