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Central Bank layoffs 2026
The Central Bank has confirmed a redundancy scheme targeting 120 to 140 job cuts as part of a cost-control push.
Source: Irish Independent: Business
- Who
- Central Bank · Ireland
- What happened
- The Central Bank has confirmed a redundancy scheme targeting 120 to 140 job cuts as part of a cost-control push.
- When
- 2026-11-04
- So what
- Reductions rarely fall evenly, and the read is in the pattern.
The leadership read
Reductions rarely fall evenly, and the read is in the pattern. For Central Bank in the sector, cuts like this tend to protect, and sometimes deepen, leadership where the company is betting, while thinning the rest. Across EMEA, watch which functions keep or add leadership; that is the strategy stated plainly.
Market context: Backdrop: a 104.6 (Hot) Talent Market Index (up 3.6 on the month) with EMEA activity steady (+1.2pts).
Central Bank: 1 signal in the last 90 days.
MitchelLake in this thematic
More signals across EMEA
Layoffs · EMEA
Royal London →Royal London reportedly plans to cut hundreds of UK IT jobs and shift technology operations work to India under an outsourcing partnership with IBM, with redundancies expected by end of December. The exact number of roles at risk is unconfirmed; the company has confirmed the IBM partnership but not the job numbers.
Layoffs · EMEA
Central Bank of Ireland →Central bank plans to cut up to 140 roles as part of a cost-reduction drive targeting €75m in savings, with €26m aimed at payroll costs to be achieved by 2030.
Layoffs · EMEA
Angi →Angi has carried out layoffs, which a Seeking Alpha analysis calls a good first step but insufficient to fix the business.
Layoffs · EMEA
Knights Group →Following its completed acquisition of Moore Barlow, Knights Group has made around 150 business services roles redundant, including hiring managers, compliance officers and receptionists. Lawyer roles were not affected.
Layoffs · EMEA
VMO2 (Virgin Media O2) →VMO2 is reportedly planning to cut thousands of jobs (around 4,000 per Sky News) as part of cost reduction to address a debt load of about £22bn. Cuts are expected to fall mainly on non-customer-facing roles, with contractors and suppliers also under review. The company was expected to announce cost-reduction targets in its Q3 results.
Layoffs · EMEA
Hello Sunshine →Hello Sunshine, recently re-acquired by co-founder Reese Witherspoon alongside France-based Mediawan, is laying off about half its staff (around 30 workers), per Deadline.
Where this lands in our work
- Fractional & Interim Executives →
Contraction concentrates scope on fewer leaders, and interim capability covers the gap.
- Executive Search: EMEA →
Our EMEA practice runs the searches behind signals like this one.
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