AIB is planning to cut 1,500 jobs over the next three years.
However, the bank's CEO told Newstalk he has "no intention" to close more branches as part of their cost-cutting measures.
The bank has this morning released its annual financial results.
The bank's pre-tax profit fell by 60%, largely as a result of costs incurred over the tracker mortgage scandal.
Last month, AIB confirmed it had aside a further €300 million to deal with the scandal - saying "redress may be due" to a group of customers.
However, the bank says it now has "solid underlying profitability, stable net interest income and customer loan yields".
They are now looking to address 'legacy matters' such as as the tracker scandal to 'normalise' their financial performance.
The figures released today show the bank employed just over 9,500 people at the end of 2019 - but management is hoping to reduce that number to below 8,000 by the end of 2022.
AIB chief executive Colin Hunt told Newstalk Breakfast: "When I became CEO on this day last year, we had a total headcount of 10,000 - and in the second half of the year we reduced that by 500.
"Those reductions were driven by three things - retirements in the normal course of business, people choosing to leave the bank to pursue careers elsewhere, and thirdly a voluntary severance programme.
"It is those three features that will be prominent again as we reduce our headcount from 9,500 as it was at the end of the year in 2019 to below 8,000."
However, he suggested that does "not at all" mean more branch closures - saying he has "no intention" to do so.
