MBNA Ireland, the credit card and financial services company is to sell its St Stephen's Green office and relocate the majority of its Dublin workforce to Co Leitrim.
A company spokeswoman said that 60 of the 85 members of staff were being offered the option of moving to MBNA offices in Carrick-on-Shannon or taking a redundancy package.
Staff were told about the move yesterday and have until Monday, January 31 stto decide. Those who opt to leave the company will do so by March 4 ththis year.
The spokeswoman said the company would be flexible for staff choosing to relocate. She acknowledged "that people have children in school and may want to wait until the end of the school year and we can work with them on that".
The company's building on the corner of Stephen's Green and Hume St will be sold and the remaining, mainly administrative, staff will relocate to other offices in Dublin.
MBNA Ireland was recognised recently as the "best workplace in Europe" following a survey of management and staff in almost 1,000 companies across 14 countries about their working practices by the Great Place to Work Institute.
A commercial property agent in Dublin said prime office properties in that location could command between €800 to €1,000 per square foot.
